: The general builders' merchant with roughly 600 branches.
: Gibbs & Dandy, JP Corry, Jewson Civils Frazer, Minster, and International Timber. Transaction Value : £740 million. : The general builders' merchant with roughly 600 branches
In December 2022, the French building materials giant agreed to sell its UK distribution business, including the flagship brand Jewson , to the STARK Group , which is backed by private equity firm CVC Capital Partners . The transaction was valued at £740 million (approximately €850 million) on an enterprise value basis. Key Transaction Details In December 2022, the French building materials giant
The sale of the UK builders' merchant by Saint-Gobain was a significant corporate restructuring move initiated in late 2022 to optimize the group's business profile. This report outlines the timeline, valuation, and strategic rationale behind the transaction. Executive Summary This report outlines the timeline, valuation, and strategic
: Approximately 600 outlets and a workforce of around 8,900 employees.
: Saint-Gobain Building Distribution Ltd, encompassing:
: The divested business generated approximately £2.3 billion in net sales in 2022 with an operating margin of around 2%. Timeline of the Sale British chain Jewson to join STARK Group | CVC