# MCB agrees to acquire steel distributor Saey

MCB has reached an agreement to acquire 100% of the shares of Belgian steel distribution group Saey, pending regulatory approval. Saey has about 100 employees and operations in Kuurne, Heule and Zwijnaarde, serving the Benelux and France.

- Type: Acquisition
- Announced: 2023-03-24
- Where: Kuurne, Heule, Zwijnaarde, Belgium
- Status: announced
- Products: steel distribution
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [MCB](https://endata.com/companies/69300.md) (acquirer)
- [Saey](https://endata.com/companies/69301.md) (target)

## Sources

- [mcbgroup.eu](https://www.mcbgroup.eu/mcb-bereikt-akkoord-om-aandelen-staaldistributeur-saey-te-verwerven/), 2023-03-24: "MCB heeft de duidelijke intentie om Saey met het huidige sterke team als een zelfstandig bedrijf binnen de MCB-familie te handhaven"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.