Projekt

Buy-Side DIY Stores & Garden Centers 9 Locations


About our client

Hass & Hatje, Schröder Bauzentrum, Richter Baustoffe and Mölders Holding have a long tradition in the market as operators of DIY and wholesale stores for construction material. They are each family-owned and have been pursuing a growth strategy for many years.

About the project

EUROCON was asked by the four companies to represent them as advisor in a bidding process for the acquisition of nine plaza centers in Northern Germany. The challenge was to find the right approach in the bidding process to have an offer that is more interesting to the seller than the ones from the competition. It was important to identify the many requirements of the project and to not only argue on the price but to develop the best overall solution for the buyers and the seller.

Focus

  • Development of strategy for bidding process and takeover concept
  • Coordination of due diligence
  • Negotiations

Solution

Over a period of more than two years EUROCON has worked together with the clients on the right concept for the nine different locations, taking into account a multitude of takeover parameters such as inventories, personnel, property, investments and many more.

Our long-term cooperation with EUROCON is characterized by jointly achieved successes. Thomas Ewoldt and his team are characterized by strong negotiation skills with creative ideas, which often lead to success. The ability to analyse complex situations combined with a great deal of empathy are the essential factors for success and form the basis for a very cooperative partnership.

Johannes Richter, Managing Partner Richter Baustoffe GmbH & Co. KG
Contact
Thomas Ewoldt
+49 431 – 64 775 30