OpenGate Capital Completes Sale of Bois & Matériaux to Chausson Matériaux S.A.S
Revitalized B&M Business Expanded EBITDA 10x OpenGate Capital, a global private equity firm, announced today the close of its sale of Bois Matériaux ( B&M ) to Chausson Matériaux, a major building materials distribution company. The agreement was initially signed in January 2021 and terms were not disclosed.
With headquarters in Pacé, France, and more than 130 branches in the country, B&M is one of the leading building materials distributors in France. During the five-year period the business was owned by OpenGate, the business was fully revitalized under the leadership of CEO Yves Martin, and with the support of OpenGate s operations team.