STARK Group strengthens its position in Sweden
STARK Group has, through its subsidiary, Beijer Byggmaterial, signed an agreement to acquire the builders' merchant AB Knut Lindgren. The acquisition will reinforce Beijers position in the southern part of Sweden, where they already have a total of 11 branches.
AB knut Lindgren is a family-owned company with two branches. The company has successfully been managed for many years with a strong and, above all, local business insight. The acquisition forms a breeding ground for further growth and a foundation to continue the successful local journey under the Beijer brand.
“With a strong partner like Beijer, we can continue our strong development and give our customers the best offer in the industry. This at the same time as we maintain our local business mindset and our talented and dedicated employees. The acquisition will also help us meet the increasing market demands within IT solutions, environment and sustainability, as well as digitalisation and logistics,” says Glenn Borg-Nilsson, CEO of AB Knut Lindgren.
Simliar to Beijer Byggmaterial, AB Knut Lindgren has an assortment and format aimed at the professional craftsmen. The two branches are at 6,300 sqm and 15,300 respectively.
“With the acquisition of AB Knut Lindgren, we reinforce our position in the southern part of Sweden that will not only make us a better partner for the craftsmen it will also improve our logistic set-up. Furthermore, the acquisition is completely in line with our strategic investment in growing small and medium-sized customers. I look forward to welcoming our new employees to Beijer,” says Thomas Sandin, regional manager at Beijer Byggmaterial AB.