Frank van Oers is the new president of Dutch DIY group Intergamma's supervisory board. His task is to strengthen the position of chains Gamma and Karwei, and to expand their online presence.
59 year old Van Oers
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Dutch DIY company Maxeda has published mixed results for its latest fiscal year: turnover shrank but net profits went times three, the Netherlands painted a better picture than Belgium.
Investing in smaller city stores
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An expansion into Wallonia and France beckons for Belgian paint web shop deverfwebshop.be and its new counterpart boutiquepeinture.fr. Moreover, the company is looking for a new financial partner to help with this
German DIY chain Hornbach’s turnover surpassed 4 billion euro in the past fiscal year. The overall turnover growth was 5.1%: the Dutch market achieved double-digit growth, but the German home market stagnated.
Growth thanks to
Kingfisher has been one of the front runners in transforming its business into a more circular business. The focus? Smarter consumption and get 'more from less'.
Create less waste
Retail Detail had an exclusive interview
The French Bureau of Competition has approved franchise group Les Mousquetaires' acquisition of DIY chain Bricorama. The deal will catapult Les Mousquetaires into the third position in the French DIY industry.
Intergamma’s issues with CRH’s shares still have not been resolved and it seems the dispute with French shareholder Bricorama has now boiled over. The latter even wants the Chamber of Commerce to intervene.
French DIY company Bricorama will not sell Gamma’s Belgian and Dutch stores. There was a longstanding rumour to that nature, but the company has now refuted those claims.
Work towards a solution
Bricorama currently manages 41
DIY group Kingfisher has experienced yet another disappoiting quarter: the British-French group suffered setbacks in both its home markets and the restructuring plan is also weighing down its results.
Swiss sanitation specialist Geberit has had a disappointing first semester of 2017, in which its profit dropped about 20 %. Turnover also slumped, but only slightly.
The Swiss toilet and sanitary devices
Irish group CRH, which owns nearly 50 % of DIY Intergamma’s shares, wants to sell those shares, but the other shareholders cannot find an appropriate solution.
To destroy the shares or not
CRH owns 49.8 % of shares and also manages 155
German DIY chain Hornbach’s turnover and profit grew a lot in the past fiscal year, which ended 28 February 2017. Particularly its Dutch division performed very well.
Consumer invests once more
Hornbach’s total 2016 turnover grew
Belgian’s largest cooperative in tools, hardware and DIY, Menouquin, will join German Hagebau, a move designed to help Menouquin grow.
Hagebau, founded in 1964, is also a cooperative, with 370 members that operate 1,700
On 14 April, DIY store chain Bauhaus will open its second Dutch store in Twente. Its 15,000 sqm store will be located in the Westermaat business park in Hengelo.
National coverage to be achieved soon
Bauhaus Netherlands opened its first DIY
British DIY giant Kingfisher will have mixed feelings about its second quarter: its British subsidiaries performed very well, while the French chains' turnover dropped.
3 billion pound quarterly turnover
Kingfisher's group second
In its past fiscal year, German DIY chain Hornbach has raised its consolidated turnover by 5 %, partially thanks to a good performance in the Netherlands: its Dutch turnover growth even reached a double-digit growth.