Press release : Kingfisher France X Mr.Bricolage Group – Tuesday 24 may 2023
October 3 2023
Press release: Kingfisher France and Mr.Bricolage SA signed a purchase partnership agreement in Templemars and Orléans, on 24 May 2023.
Kingfisher France and Mr.Bricolage SA announced the signature of the purchase partnership agreement for which they had entered into exclusive negotiations on 21 March 2023. This cooperation agreement translates by the creation of a joint venture, Unio, which is currently being established in view of the annual trade negotiations this autumn.
Kingfisher France and Mr.Bricolage SA are both maintaining their own business policies. As per the applicable legislation, the two companies keep their independence and remain competitors. This purchase partnership aims to reinforce the links with common national and international suppliers, offer them new business opportunities and create added value. About Kingfisher France: Kingfisher, a European DIY and home improvement Group, is present in France through its Castorama and Brico Dépôt brands, with over 21,000 employees and 218 outlets. Castorama and Brico Dépôt generated a turnover of £4.452 bn during the 2022-2023 financial year.
For more information:
Press contact: Agence Edelman, email@example.com – +33 (0)6 26 91 02 53
About Mr.Bricolage: Mr.Bricolage Group, which develops the well known Mr.Bricolage and Les Briconautes brands, is the specialist in independent, local DIY retail in France. At 1 January 2023, the Group included 977 retail outlets, under trade names or affiliated, including 74 stores distributed internationally in 10 countries. Mr.Bricolage SA is listed on Euronext Growth Paris (ISIN code: FR0004034320 – ALMRB). In 2022, the business volume of the Mr.Bricolage Group
networks reached close to €2.4 bn. For more information: https://mr-bricolage.com/
Press contact: Louise Chaulin, firstname.lastname@example.org – +33(0)7 83 35 96 93