The transfer agreement for Le Club group, operating Les Briconautes stores, was recently officially signed.
The scope of the transfer includes the referencing agency Le Club, 14 Integrated Stores operating under the Les Briconautes store name and the property on eight of these sites.
The Competition authority had approved the planned acquisition a few days beforehand.
This acquisition was integrated in the consolidated accounts of Mr.Bricolage SA from 1 October 2009.
This event makes the Mr.Bricolage group the 3rd actor specialised in DIY distribution in France and the leading group of independent operators in the sector. Consolidated turnover generated by sales was equal to approximately 2.2 thousand million euros at end-2009. This represents a market share estimated at 12.4%.
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Tags: achat, briconautes, croissance externe, groupement, independant, jardinautes, le club
