Press release - 12 April 2022
Largillière Finance advises on the sale of MAGER, a distributor of roofing materials, to BME Group, a Dutch group and one of the European leaders in the sector
The investment bank Largillière Finance has advised the shareholders of Mager, a specialist in the distribution of roofing materials, in the sale of their family business to the international BME Group, already present in France with its Busca and Raboni brands.
Founded in 1804, Mager is one of the leading specialists in its sector, offering a wide range of building materials (roofing, metals, plumbing, heating) specific to the Parisian renovation market. The company, which has nearly 50 employees, operates 4 sales outlets, two of which are located in the center of Paris.
Building Materials Europe ("BME", formerly CRH Europe Distribution), headquartered in Amsterdam, is Europe's third largest building materials distributor in terms of sales. The group, backed by Blackstone, employs more than 10,000 people through a network of 550 sales outlets in six countries: the Netherlands, Belgium, France, Switzerland, Germany and Austria.
This process was made possible thanks to Largillière Finance's extensive expertise in the btob retail sector: the bank has completed 25 transactions in the last 12 months.
Tanguy Mantelin, Founding Partner at Largillière Finance, comments: "Thanks to its excellent image, Mager has attracted strong interest from many industrial buyers. We are delighted to have accompanied the Mager family in this transfer to one of the European leaders in materials distribution".
Louvent Mager of MAGER said: "We are pleased with this merger with BME Group, which has a leading position in its market. Moreover, we are confident in the ability of this European group, which has a strong international presence and is perfectly familiar with our field of activity, as well as in its subsidiary Raboni, which is present in the Ile de France region, to support Mager's development in the years to come. We would like to thank Largillière Finance for the quality with which the transaction was carried out".
List of speakers
|Patrice Mager, Louvent Mager
|Buyer: BME Group
|Olivier Touchais, Xavier Ettori, Matthieu Serizay
|M&A Advisory for sellers: Largillière Finance
|Paul Bougnoux, Tanguy Mantelin, Alexandra Marquand
|Legal advice to the seller: Jeausserand Audouard Avocats
|David Lambert, Carole Scieller
|Legal advice to the buyer: Squire Patton Boggs
With offices in Paris, Lyon, Nantes, Brussels and Geneva, Largillière Finance is an independent investment bank dedicated to assisting managers and shareholders of small and medium-sized companies with their capital transactions: company sales and acquisitions, financing (capital and/or debt), financial engineering (valuation, etc.) and financial strategy.