M&A Deal Summary

Standard Industries Acquires BMI Group

On December 18, 2016, Standard Industries acquired building materials company BMI Group from 40 North Management for 1.1B EUR

Acquisition Highlights
  • This is Standard Industries’ 1st transaction in the Building Materials sector.
  • This is Standard Industries’ 2nd largest (disclosed) transaction.
  • This is Standard Industries’ 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2016-12-18
Target BMI Group
Sector Building Materials
Buyer(s) Standard Industries
Sellers(s) 40 North Management
Deal Type Add-on Acquisition
Deal Value 1.1B EUR

Target

BMI Group

Reading, United Kingdom
website
BMI Group is a supplier of pitched roofing products. The company manufactures and sells a comprehensive range of concrete and clay tiles for pitched roofs, roofing components, and chimney systems, serving the new build and renovation segments for residential and nonresidential markets. BMI Group is based in Reading, United Kingdom.

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Buyer(S) 1

Buyer

Standard Industries

New York, New York, United States

website

Category Company
Sector Diversified
Employees15,000
DESCRIPTION

Standard Industries is a global industrial company. The Standard ecosystem spans a broad array of holdings, technologies and investments—including both public and private companies from early to late-stage—as well as world-class building materials assets and next-generation solar solutions. Standard Industries is based in New York city.

DEAL STATS #
Overall 1 of 2
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 1 of 2
Country (United Kingdom) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-26 Grace

Columbia, Maryland, United States

Grace is engaged in the production and sale of specialty chemicals and specialty materials on a global basis through three operating segments: Grace Catalysts Technologies, which includes catalysts and related products and technologies used in refining, petrochemical and other chemical manufacturing applications; Grace Materials Technologies, which includes packaging technologies and engineered materials used in consumer, industrial, and pharmaceutical applications; and Grace Construction Products, which includes specialty construction chemicals and specialty building materials used in commercial, infrastructure and residential construction. Grace was formed in 1854 and is based in Columbia, Maryland.

Buy $7.0B

Seller(S) 1

SELLER

40 North Management

website

Category Private Equity Firm
Size Small
Type Sector Agnostic
DESCRIPTION

DEAL STATS #
Overall 1 of 1
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-16 BMI Group

Reading, United Kingdom

BMI Group is a supplier of pitched roofing products. The company manufactures and sells a comprehensive range of concrete and clay tiles for pitched roofs, roofing components, and chimney systems, serving the new build and renovation segments for residential and nonresidential markets. BMI Group is based in Reading, United Kingdom.

Buy -
Mergr

Product

Company

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