The US wholesaler True Value is putting massive investment into itssupply chain, with a sum of USD 150 mio being quoted in a report by theindustry information service CSA. Its aim is to serve the differentbusiness …
Sweden
Byggmax appoints Helena Nathhorst as new CFO
Swedish Byggmax Group has appointed Helena Nathhorst as new Chief Financial Officer. Helena Nathhorst is today CFO for Addnode Group. …
Investment company
Blackstone acquires CRH Europe Distribution
CRH Europe Distribution has been taken over by the Blackstone investment company. CRH ED has its headquarters in the Netherlands and is …
Former Home Depot boss
Bob Nardelli now advises hydroponics company Grow Generation
The former Home Depot boss Bob Nardelli now works for Grow Generation as a strategic advisor. He is expected to provide…
Second Quarter
Byggmax DIY stores make 5.6 per cent more sales
The Swedish Byggmax group made sales of SEK 1.7990 bn (EUR 170.45 mio) in the second quarter of 2019 and thus achieved growth of 3.…
Groupe Samse
L’Entrepôt du Bricolage starts the year with ten per cent plus
The 36 L'Entrepôt du Bricolage stores in the French Groupe Samse have increased their sales in the first quarter of …
Obi parent company
Tengelmann closes previous holding company and sets up another
The Tengelmann Group, which includes the German DIY market leader Obi, is realigning its holding as previously …
Annual general meeting
Kingfisher shareholders protest against remuneration of directors
At Kingfisher's annual general meeting, 24.19 per cent of the shareholders voted against the proposed directors' …
AFEB
Two per cent growth forecast for Spain in 2019
The Spanish hardware and DIY market will grow by 2.1 per cent in 2019. This forecast was presented by the Comité de Economía of the …
Plus six per cent
Significant rise in Hagebau’s central sales
German cooperative Hagebau has reported an increase in centrally invoiced sales of around 6 per cent to EUR 2.58 bn for the first five …