French PE investors team up for strategic acquisition of leading DIY and home improvement specialist
Deal Flash
French DIY and home improvement specialist Briconord Group has received strategic financial investment headed up by ODDO BHF Strategic Opportunities, to support future growth.
Founded in 1950, Briconord has established itself as a key player in the European DIY and home improvement market. The company specializes in the design, manufacture and distribution of functional, innovative and easy-to-install products, including furniture assembly kits, storage solutions and decorative hardware. Its primary clients are large retail chains across Europe.
After several successful growth phases, Briconord is entering a new stage with the backing of a consortium of investors led by ODDO BHF Strategic Opportunities, alongside BNP Paribas Développement, Initiative & Finance and BPIFrance.
Through this fourth LBO, the partnership is intended to accelerate Briconord’s development while maintaining its strong market positioning and supporting ambitious M&A plans in Europe.
We are very pleased to support the Briconord Group in its next phase of development. We were convinced by its strong fundamentals as well as the quality and commitment of its management team, led by Christian Guillou. We would like to thank the Oaklins team for introducing us to the process; their involvement was instrumental in the success of the transaction.SÉBASTIEN CAILLIAU AND FRÉDÉRIC JOUENNE, CO-HEADS STRATEGIC OPPORTUNITIES ODDO BHF AM
Oaklins played a pivotal role in arranging this deal
Oaklins’ team in France advised ODDO BHF Strategic Opportunities throughout Briconord’s acquisition process, demonstrating agility in identifying the right partner at the right time and ensuring the flawless execution of the transaction in just a few weeks.
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