hagebau is a network of more than 360 wholesalers and retailers for building materials, wood, tiles and garden supplies with more than 1,700 locations in eight European countries.
“When does such an interesting DIY portfolio ever come on the market?” – a portfolio of 17 successful DIY stores in Munich and greater Munich area was up for sale. hagebau wanted to use this unique opportunity to consolidate its presence in this important region. EUROCON was contracted to advise on strategic and tactical issues and to conduct the negotiations within the framework of a bidding process.
Through reliable appearance and an attractive, fair offer, we quickly achieved exclusivity – a decisive factor for success. During due diligence and detailed negotiations, a well balanced takeover concept was jointly developed and all 17 DIY stores were successfully acquired.
