: The divested business generated approximately £2.3 billion in net sales in 2022 with an operating margin of around 2%. Timeline of the Sale British chain Jewson to join STARK Group | CVC
: Gibbs & Dandy, JP Corry, Jewson Civils Frazer, Minster, and International Timber. Transaction Value : £740 million. : The divested business generated approximately £2
: Approximately 600 outlets and a workforce of around 8,900 employees. : Approximately 600 outlets and a workforce of
In December 2022, the French building materials giant agreed to sell its UK distribution business, including the flagship brand Jewson , to the STARK Group , which is backed by private equity firm CVC Capital Partners . The transaction was valued at £740 million (approximately €850 million) on an enterprise value basis. Key Transaction Details Key Transaction Details : The general builders' merchant
: The general builders' merchant with roughly 600 branches.
: Saint-Gobain Building Distribution Ltd, encompassing:
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