Mr.Bricolage in Belgium has taken over 4 Alexandre group stores via Prova SA. This buyout takes the number of stores in Belgium to 43.
The 4 stores acquired by Mr.Bricolage are currently operated under the Alexandre brand. They have an annual turnover of 12 million Euro. These stores take the number of points of sale run directly by Prova SA to 12. Note that 35% of Prova SA capital is held by Mr.Bricolage SA.
At the end of 2012, 106 million Euro inc. VAT of turnover was achieved. This accounted for 51% of Mr.Bricolage’s international activities.
For more details, read the Speeding up international development press release.