Byggmax acquires Right Price Tiles

CLP has assisted Byggmax in its acquisition of Right Price Tiles, a Norway-based retail company within sale of tiles and products within bathrooms and flooring, for a consideration of NOK 285m. Byggmax Group is a Nordic discount DIY retailer with sales of SEK 6.8bn in 2020. Byggmax Group is listed on Nasdaq Nordic in Stocholm.

The transaction was completed on 31 August 2021.

CLP’s team includes Kjetil Vågen, Hanne Heltne, Andreas Kildal, Elin Mack Løvdal, Stephan Brodschöll, Christian Vestheim, Marthe Lindberg, Reidar Skalleberg and Sverre Saugstad.

Read more about the transaction here.