The online specialist Skånska Byggvaror is growing with physical stores. 2015 was the most succesful year in the company’s history. “What is particular pleasing is that our Norwegian initiative is delivering such strong results, giving us the stamina to both continue our efforts in Norway and expand in Denmark through the acquisition of Pavillon,” says […]
Byggmax can look back on increased turnovers, profit and margins during the year. The last quarter of 2015 was even more succesful – and with the new aquisitions Byggmax online sales are now 20 percent of all sales. (more…)
Skånska Byggvaror expands its omnichannel offer by opening five new Swedish stores – as large shop-in-shop solutions at Plantagen garden centers. “The shop-in-shop solution at Plantagen is a dream scenario for us,” says Beiron Palm, Manager of Business Development and Production at Skånska Byggvaror. (more…)
Coop will close its hypermarket-store in Falkenberg, Instead, a new and much smaller unit will open in 2018. (more…)
Byggmax completes the acquisition of all outstanding shares in Skånska Byggvaror. Skånska Byggvaror is an online based retailer in the do-it-yourself market for refined building material. The Company has operations in Sweden and Norway with an assortment focused on the building’s interior and exterior environments, ranging from windows and doors to storage and conservatories. Over […]
Byggmax acquisition of Skånska Byggvaror ware is approved. And now a platform for the establishment in Denmark is provided by the new subsidiary acquiring Pavillon, a leading retailer of conservatories and greenhouses in Denmark (more…)
After the Buildor aquisition, Byggmax now aquires a bigger fish in buildingware e-commerce. Danish Polaris private equity sells Skånska Byggvaror for 760 MSEK. The companies hope for synergies in the products offering. (more…)
Byggmax acquires DIY online store Buildor for a total of 130 million SEK – with a goal to improve its own e-commerce and learn from Buildor. ”This will be a considerable vitamin injection for Builder,” says Jonatan Schwamberg, CEO Buildor. (more…)
As previously announced, the buildingware discount chain Byggmax’ sales in the second quarter was unusually high. Net sales were up 13.9 percent – 10.3 percent for comparable stores. (more…)
Byggmax announces preliminary figures for the second quarter before the quarterly report because of significantly increased profits. During the quarter the sales grew with 14% compared to the same period last year, and the net profits grew with 37 percent. In the quarter; sales was 1 299 MSEK, EBIT 131 MSEK and the net profit […]
To make a cross over female cashiers and leave only a male uncrossed is discriminating. Finnish Advertising Ethics Council, operating under the Chamber of Commerce, has now given Byggmax a remark on the company’s TV advertising. Now Byggmax makes emergency changes in their successful tv-campaign. (more…)
Furniture chain Fagmøbler is the best service provider in Norwegian Retail. This according to Daymaker, who has performed and compared Mystery Shopping visits in 58 retail chains within ten categories. (more…)
Byggmax might be forced to change it’s name if it decides to enter Denmark. The small company with 12 employees in Rødding in South Jutland can jeopardize the Swedish building and hardware discount giant Byggmax to entry the Danish market, according to Børsen. Danish Bygmax says it can not accept that the Swedish chain calls itself Byggmax on the […]
The strong effect of Byggmax’s new concept in Sweden is increasing expectations for sales in Norway and Finland. In Finland, the conversion is almost done – while it’s still in the starting blocks in Norway. “The expansion in Finland will accelerate in 2017,” says CEO Magnus Agervald to ScandinavianRetail.com At the same time he denies any […]
Byggmax continues to gain market share. In the first quarter, sales increased by twelve percent in comparable stores – and a total of 17 percent. “With an expanded network of stores, we reach more consumers in Sweden. We will continue to invest in 2015 to grow and gain market share, “says CEO Magnus Agervald. (more…)
Byggmax is close to an establishment in Denmark. According to Børsen, Danish consultants now look for takeovers and new business locations for the discount chain. Now, the Danish building supplies chains fear a price war on an already overestablished market. (more…)
Aleksi Virkkunen is the new Country Manager for Byggmax in Finland. Now he needs to strengthen the Byggmax-brand in Finland. ”Byggmax is in the position as the challenger, which is a very good springboard to develop from,” says Virkkunen. (more…)
Byggmax reports a sales increase of ten percent for the last quarter. Now the emphasis targets Finland, e-commerce and services. (more…)
The Administrative Court removes Swedish Customs’ decision regarding 12 million SEK from March 2012 with respect to the imposition of duty, anti-dumping duty. The Administrative Court also invalidates Customs’ decision April 12, 2012 to impose tariff surcharges. The total value affected is 12 158 524 SEK. (more…)
Byggmax founder and board member Stig Notlöv has once again reduced its holdings in Byggmax by 82 percent. Stig Notlöv has reduced its holdings in Byggmax with 888,267 shares and after the operation, carried out on December 10, he’s got 200,000 shares in the company. As recently as a year ago Notlövs holdings were over 1.6 million Byggmax shares.
Byggmax continues to report good performance. From July to September total sales increased by five per cent compared to the corresponding quarter last year. ”But we are uncertain whether the weak start of the quarter was only due to weather conditions”, CEO Magnus Agervald comments. (more…)
Marcus Hed has been named the new Business manager at Byggmax, and member of the management team. As Business manager Marcus is responsible for store operations, customer service and new store development. He is currently regional manager of North in Sweden. ”Marcus Hed has worked nine years within Byggmax, as store manager and regional manager. […]
Byggmax is designated by banks and brokers as the next takeover candidate. They predict that the business transactions continues and SEB is now pointing out DIY chain Byggmax as a potential takeover candidate. According to SEB, Finnish Kesko would be one of the best buyers. “Byggmax has an interesting concept and we think that several […]
The Swedish discount chain for construction material, Byggmax, continues its strong performance. First half of 2014 Byggmax increased net sales by 15,3 percent. “The Swedish and Norwegian market is stronger than the Finnish”, says CEO Magnus Agervald. (more…)
Press announcement In Q3 2014 the Swedish Byggmax building supply chain is to open a store in Tönsberg, Norway. The chain’s drive-in concept has been a huge success in the Nordic countries and they are now seeking a store manager and four full-time employees for their store in Tönsberg. (more…)
