Growth strategy

"We want to establish ourselves as the by far largest 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