Go to deals
Construction & Engineering Services | Consumer & Retail | Other Industries

Probex Building Supplies Inc. has completed a full MBO

The management of Probex Building Supplies Inc. has completed a full management buyout (MBO). Financial details have not been disclosed.

Founded in April 1976 and based in Montreal, Canada, Probex Building Supplies started originally as a wholesaler selling exclusively to building contractors. Today, the company is a leading supplier of construction equipment, including adhesives, cement, flooring, paint, plumbing and tools to consumers and contractors.

Oaklins' team in Canada advised the management in this transaction.

Talk to the deal team

 Sebastien  Nadeau

Sebastien Nadeau

Managing Partner
Montreal, Canada
Oaklins E. Canada

Related deals

Varsteel, Ltd. has acquired Pacific Steel, Inc.
Construction & Engineering Services | Logistics

Varsteel, Ltd. has acquired Pacific Steel, Inc.

Pacific Steel, Inc. has been acquired by Varsteel, Ltd.

Learn more
Apotheka acquires two pharmacy outlets from Panpharmacy
Consumer & Retail | Healthcare

Apotheka acquires two pharmacy outlets from Panpharmacy

In a strategic move that signifies the ongoing consolidation and growth within the Latvian pharmaceutical retail sector, Panpharmacy, the parent company of the leading online pharmacy InternetAptieka.lv, has successfully completed the sale of two of its brick-and-mortar pharmacies to Apotheka. These pharmacies, both situated in the capital city of Riga, will continue to serve customers under the Apotheka brand, marking a seamless transition in ownership and operations.

Learn more
Sibelco has received strategic advisory related to the exit of a minority shareholder
Construction & Engineering Services | Other Industries

Sibelco has received strategic advisory related to the exit of a minority shareholder

SCR Sibelco has received strategic advisory related to the exit of a minority shareholder. Different options were considered. On 8 December 2023, Sibelco announced its intention to launch a share buyback program, via a tender offer, to acquire up to 18.94% of outstanding shares for a price of €6,850 per share and a total deal consideration of €609 million. The program offered liquidity optionality to the exiting shareholder, as well as other minority shareholders looking forward to crystallizing some value. Sibelco is delighted to pursue with its ambitious mid-term growth plan thanks to a refocused shareholder register and the support of the founding families. Further information on the transaction can be found in the prospectus of the tender offer.

Learn more