POELLATH advises the management of STARK Group on sale to CVC Capital Partners Fund VII

Since April 2018, STARK Group, which includes STARK Germany since October 2019, was owned by an affiliate of Lone Star Funds.

POELLATH had already advised the management of STARK Group on the sale to Lone Star. The current transaction is still subject to antitrust approval; closing is expected during the second quarter of this year.

Copenhagen-based STARK Group is a leading B2B distributor for building materials in the Nordic countries and in Germany. In Germany, STARK Group operates under the brands Raab Karcher (building materials trade), Muffenrohr (civil engineering trade) and Keramundo (tiles), among others.

The focus is on supplying professional craftsmen with optimal logistics. Through successful acquisitions and steady, organic growth, the STARK Group has been able to greatly expand its market position in recent years. The company currently employs around 10,000 people at more than 400 locations in Denmark (including Greenland), Sweden, Norway, Finland and Germany. The company supplies building materials to approximately 235,000 customers.

POELLATH advised the management of the STARK Group on the management participation with the following Munich team:

• Dr. Benedikt Hohaus (partner, lead, private equity)
• Johanna Scherk (associate, private equity)