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STARK Group acquires German-based SGBDD for EUR 335
May 20, 2019

STARK Group has acquired the German-based builders’ merchant Saint Gobain Building Distribution Deutschland, SGBDD. STARK Group, a Nordic-based retailer and distributor of building materials, will double its yearly revenue with the acquisition. SGBDD reported a turnover of EUR 2bn and EBITDA of EUR 48m by April 2019, corresponding to an EV/EBITDA of 7x.

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