STARK Group expands its footprint in Germany
STARK Group, has through its subsidiary, STARK Deutschland, signed an agreement to acquire Lieblein Baustoffe GmbH located in Aub-Baldersheim. The acquisition will strengthen STARK Deutschland’s position in the Lower Franconia/Northern Bavaria area.
“For us, trust is one of the most important aspects when working with our customers. We consistently invest in quality, services, and the expansion of our regional network to accommodate the German builders in the best way possible. For decades, Lieblein has been deeply rooted in the Northern Bavarian region and has an excellent reputation with its customers. We are happy to welcome our new colleagues at Lieblin who will complement our team perfectly,” says Timo Kirstein, Chief Sales Officer at STARK Deutschland.
Lieblein has an assortment and design aimed at the professional craftsmen. The branch covers an area of around 15,000 sqm and will be the fifth STARK Deutschland branch in the region in addition to the branches in Würzburg, Eisingen and Bad Mergentheim.
The acquisition of Lieblein Baustoffe follows the recent acquisition of Ludwig Pfeiffer Hoch- und Tiefbau GmbH, Kassel. Ludwig Pfeiffer Hoch- und Tiefbau will operate under STARK Deuschlands’s brand Muffenrohr Tiefbauhandel. The branch has a total area of 3000 sqm, and within the next couple of weeks, Muffenrohr will invest in modernising the branch and expanding the former storage area to accommodate the customers even better.
STARK Deutschland will take over the activities in Liebein Baustoffe and Ludwig Pfeiffer Hoch- und Tiefbau GmbH as of 1 February 2022. The parties have chosen not to disclose the terms and price of the transaction.
About STARK Group
STARK Group is a leading business-to-business distributor of heavy building materials for the construction industry in the Nordics and Germany, with a strategic focus on serving professional builders.
STARK Group has a revenue of approx. EUR 5 billion and serves c. 10,000 suppliers and 260,000 customers from its 485 locations. Headquartered in Denmark, STARK Group has approx. 11,700 employees in Germany, Denmark, Sweden, Finland, and Norway. The Group has doubled in size over the last couple of years through acquisitions and organic growth, and today, it holds a leading national or regional position in all markets.