Published on 18 February 2018

The acquisition of Bricorama by Bricomarché is complete

The takeover of the French DIY store group Bricorama by the rival Bricomarché is perfect. The contracts were signed in the first week of January. This shifts the powers in the top ten of France's home improvement industry.

Les Mousquetaires, the retail holding which owns Intermarché and Bricomarché, has finalized its Bricorama purchase after the French Bureau of Competition approved the deal for an undisclosed fee.

The company acquired Bricorama’s French and Spanish activities through its ITM Equipement de la Maison, a subsidiary that already has Bricomarché and Brico Cash. Those chains already have 560 stores in France, but Les Mousquetaires will now also add the 160 Bricorama stores. The group’s Asian purchase office will also transfer to Les Mousquetaires.

Geographically, Les Mousquetaires has now obtained a broader reach and more sustainable position in the DIY industry, the company said. The franchise group already had six different chains and 3,500 stores, with a 40 billion euro turnover in total. DIY contributed about two billion euro. In that particular market, it only trails market leader Adeo (which owns Leroy Merlin and which belongs to Auchan family Mulliez) and Kingfisher. The multinational Kingfisher group is active in France with its Castorama and Brico Dépôt brands.

Source: http://www.diyinternational.com/home/news/article/the-acquisition-of-bricorama-by-bricomarche-is-complete/

About us

Garden Europe is one of the leading European Garden business Web site. Our mission is to be one of the primary sources of information about garden events, products, best practices, social media, trade shows and the latest garden trends.

Garden Europe is a platform to inspire Garden members providing information, ideas and solutions for profitable business.

© Copyright bohero bvba.  Privacy Policy  |  Terms of use  |  Disclaimer  |  Cookies  |  Website by Webatvantage

This website uses cookies! For more information regarding our cookies, please read our cookie policy