Acquisitions

"We want to establish ourselves as the by far biggest and most efficient independent multi metal distributor in Europe and North America pushing ahead the consolidation." Gisbert Rühl, CEO/CFO

Strategie

The first pillar for our profitable growth is our active portfolio management.

M&A strategy

  • Achieve profitable growth
  • Strengthen purchasing power vs. suppliers for core group products
  • Strengthen country specific market positions
  • Expand footprint outside construction industry
  • Focus on geographical core markets in Europe and North America to leverage existing network

Target selection criteria

  • Profitability above group average
  • Strong synergy potential in purchasing, admin and warehousing with
    low integration risk
  • EV/EBITDA multiple between 4x and 6x EBITDA
  • EPS-accretive from year one