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Balitrand
- With its multi-specialist positioning, Balitrand distributes a large range of products to building professionals (plumbing, sanitation, heating, electricity and hardware) and benefits from strong notoriety in its market. Mainly present on the renovation market with 22 sales outlets, the Group has 24,000 professional clients and also sells to the general public through its Home Store shop.
- The support of Weinberg Capital Partners will enable Balitrand to continue its expansion in the Provence Alpes Côte d’Azur region both through new branch openings and acquisitions.
- "Under the stewardship of Raymond Balitrand and then Jean-Marc Corporandy, the Balitrand Group has become the leading wholesale supplier of building materials in the Provence Alpes Côte d'Azur region of France. We are extremely pleased to be supporting Balitrand's management team in this buyout. The company has all the strengths needed to pursue an ambitious expansion strategy, supported by its strong competitive position in a highly dynamic local economy." Serge Weinberg, Weinberg Capital Partners
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"Balitrand's shareholders and management team have worked together on seeking a buyout solution that will ensure the ongoing growth and development of this family-based company while respecting its culture. We quickly identified Weinberg Capital as the partner of choice for both the shareholders and management team, due to its expertise in the wholesale trade. We are very pleased of this collaboration."
Jean-Marc Corporandy, CEO
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Deal team
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www.balitrand.fr

