Recent Acquisitions And Mergers | Swedish Home Improvement Giant BHG Acquires HYMA, Roca Buys Tank Manufacturer SANIT, Kohler Sells Jacob Delafon Factory
Swedish Home Improvement Giant BHG Acquires HYMA
Swedish home improvement e-commerce group BHG Group AB said on Wednesday evening that they had agreed to acquire HYMA Skog & Tradgard AB for SEK 1.6 billion ($193.6 million). A further SEK 500 million will be paid in 2022. The initial consideration will be paid upon completion of the transaction, which is expected to take place in the third quarter of 2021. HYMA’s sales for the financial year 2020 increased by 28 percent compared to the previous year to SEK 744 million and its Ebita margin was just over 7 percent.
Guiraud SA, A Subsidiary Of The German GC Construction Group BHG
After the acquisition of the French century-old brand Nicodeme in April, the German GC-Gruppe subsidiary Pompac Développement has acquired the French HVAC sanitary ware trading company Guiraud SA. Guiraud SA will have a turnover of approximately 29 million euros in 2019. This acquisition follows the completion of the Nicdème acquisition, a few weeks after the German parent company GC-Gruppe took over Facq, another family-owned company in Belgium. Its 15 agencies and nine showrooms were integrated into Pompac Développement in early April 2021. When this acquisition is completed, the company will have 44 sites, 15 showrooms and three central warehouses.
James Donaldson & Sons Acquires Kitchens International
As part of a takeover deal, Scottish bespoke home furnishings company James Donaldson and Sons (JDS) has acquired Kitchens International (KI), a kitchen retail brand with six shops in Scotland, according to British media reports.
Roca Acquires Water Tank Manufacturer SANIT
On 7 June local time, Aliaxis Group, the world’s largest manufacturer of plastic fluids, announced on its website that it had agreed to sell its subsidiary SANIT to Roca of Spain, a company specializing in wall-mounted systems including in-wall water tanks. The transaction is expected to close in the third quarter of 2021. The amount of the acquisition is unknown and the acquisition is subject to approval by the relevant regulatory and antitrust authorities.
Kohler Sells Jacob Delafon’s French Plant
The French Kramer Group announced on 4 June that they have formally acquired Jacob Delafon’s sanitary ceramics plant in Damparis, France, from the Kohler Group. The agreement will take effect from 1 July. According to the French media Zepros News, Kramer Group from the Kohler Group to buy Jacob Delafon’s Damparis sanitary ceramics factory total investment is estimated at nearly 5 million euros.
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