Common Ground Corporate Finance is happy to announce the successful sale of Heumatop to CRH plc. CRH plc is an international building materials group quoted on the London Stock Exchange. Common Ground acted as the exclusive advisor to the shareholders of Heumatop.
Heumatop is a leading regional player in the distribution of building materials.
For more than 60 years Heumatop has served regional construction companies and private builders. Over the years it also developed a strong expertise in garden products. Known for its strong and longstanding reputation and quality commitment, Heumatop provides its services mainly in the triangle Antwerp, Brussels and Hasselt.In order to support its growth strategy, Heumatop decided to joined forces with CRH plc, who has the ambition to increase the density of its builders merchants network throughout Europe.
“I very much appreciated Common Ground’s role during the transactional process”, says Pieter Tops, CEO and shareholder of Heumatop. “Next to Common Ground’s focus on maximizing our interests, they also understand the spirit, thinking and drive of a family business. This allowed them to take the lead in the negotiations and to structure a balanced deal with respect for family values.”