M&A Deal Summary

Grafton Group Acquires Binje Ackermans S.A.

On October 21, 2013, Grafton Group acquired retailer Binje Ackermans S.A. for 21M EUR

Acquisition Highlights
  • This is Grafton Group’s 1st transaction in the Retail sector.
  • This is Grafton Group’s 3rd largest (disclosed) transaction.
  • This is Grafton Group’s 1st transaction in Belgium.

M&A Deal Summary

Date 2013-10-21
Target Binje Ackermans S.A.
Sector Retail
Buyer(s) Grafton Group
Deal Type Add-on Acquisition
Deal Value 21M EUR

Target

Binje Ackermans S.A.

Brussels, Belgium
Binje Ackermans S.A. retails construction materials with a six branch builders merchanting business based in Brussels and trading under the MPRO brand.

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Buyer(S) 1

Buyer

Grafton Group

Dublin, Ireland

Category Company
Founded 1902
Sector Building Materials
Employees10,000
Revenue 2.3B GBP (2024)
DESCRIPTION

Grafton Group operates business-to-business (B2B) distribution formats for building materials and construction-related products in Ireland, the UK, the Netherlands, and Finland. Grafton Group was founded in 1902 and is based in Dublin, Ireland.


DEAL STATS #
Overall 5 of 18
Sector: Retail M&A 1 of 3
Type: Add-on Acquisition M&A Deals 5 of 18
Country: Belgium M&A 1 of 2
Year: 2013 M&A 1 of 1
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-05 Garvey s Builders Merchants

Roscommon, Ireland

Garvey's Builders Merchants Limited is a fourth generation builders merchant based in Roscommon town. The business has a leading position in the Roscommon market where it services the repair, maintenance and improvement (RMI) and residential construction markets.

Buy €3M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-30 Beaumont Forest Holdings

High Wycombe, United Kingdom

Beaumont Forest Holdings Ltd. is an independent timber merchant with three branches - located in Ascot, High Wycombe and Hoddesdon. Buildbase is one of the UK's fastest growing builders merchants with more than 175 branches, which have been serving local trades people for many years, with knowledge and experience to match. Buildbase believes strongly in understanding the needs of the trade professional and the business is developed specifically to meet those demands - vast stock levels, high quality products, competitive pricing, reliable delivery, specialist staff and exceptional customer service.

Buy -