Saint Gobain’s Building Distribution Sector, parent company of builders merchants Jewson, have bought the third largest builders merchants in Denmark and are looking to buy the largest merchant in Estonia.
DLH’s building materials distribution division had estimated sales of DKK1.82 billion (EUR245 million) in 2007 and has 19 outlets and a logistics center and employs 550 people.
Saint Gobain have also opened negotiations for the purchase of the Estonian building materials distributor Famar Desi.
With estimated sales of EEK1.9 billion in 2007 (EUR122 million), Famar Desi is Estonia’s leading builders’ merchant with 16 outlets, including two in Latvia. Famar Desi has 700 employees.
Saint Gobain already own the DAHL group, Scandinavia’s leading plumbing and heating distributor, and the Optimera group, a builders’ merchant in Norway and Sweden.
The acquisitions are subject to approval from the relevant competition authorities.
Saint Gobain’s Building Distribution Sector generated sales of EUR17.6 billion in 2006 and has more than 70,000 employees and 4,000 outlets in 24 countries.