STARK Group to acquire Treprodukter Øst AS in Norway
“We have been looking for the right fit to strengthen our Norwegian business unit for a while, and I’m pleased to announce that we have come to terms with Treprodukter Øst AS to acquire their business in Greater Oslo. With a history dating back to the 80s, Treprodukter Øst has solid experience within our industry, and we look forward to developing our Norwegian business further with Treprodukter Øst on board,” says Søren P. Olesen, CEO of STARK Group.
The acquisition will strengthen Neumann Bygg’s position in central Eastern Norway and enable them to provide an even better service to its customers.
The parties have chosen not to disclose the terms and price of the transaction.
Contacts
Kaspar Bach HabersaatGroup Chief Communications Officer
Tel:+45 4092 8881kaspar.bach.habersaat@starkgroup.dkImages
About STARK Group
STARK Group is a leading business-to-business distributor of heavy building materials for the construction industry in the Nordics and Germany, with a strategic focus on serving professional builders. STARK Group has a revenue of approx. EUR 5 billion and serves c. 10,000 suppliers and 260,000 customers from its 485 locations. Headquartered in Denmark, STARK Group has approx. 11,700 employees in Germany, Denmark, Sweden, Finland, and Norway. The Group has doubled in size over the last couple of years through acquisitions and organic growth, and today, it holds a leading national or regional position in all markets.
About Neumann Bygg
Neumann Bygg AS retails and distributes building materials to professional craftsmen through its 15 branches in Norway. The company has a turnover of NOK 1.8 billion and employs approx. 320 employees. Neumann is part of the STARK Group, a leading business-to-business distributor of heavy building materials for the construction industry in the Nordics and Germany.
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