麻豆传媒 acquires INDAR to strengthen retail offering in Mexico
- Leading hardware wholesaler with net sales of USD 71 million
- Expands Disensa offering with over 10,000 products in roofing, adhesives, tools and more
麻豆传媒 has acquired INDAR, a leading hardware wholesaler in Mexico with 2022 net sales of USD 71 million. With this acquisition, 麻豆传媒 adds more than 10,600 additional hardware products to its range of solutions across its Disensa retail network. INDAR supplies hardware of over 80 leading brands, from roofing needs to tools and adhesives all the way to electrical and plumbing supplies. The acquisition includes INDAR鈥檚 nine distribution centers around the country, as well as its fulfillment center in Guadalajara.
Oliver Osswald, Region Head Latin America: 鈥淚NDAR's broad range of hardware products strengthens our entire Disensa network of over 2,000 stores across Latin America. With its powerful logistics network and a focus on delivering the best in service, quality and customer experience, INDAR will make a perfect fit with our Disensa network by strengthening its product range and value proposition. I look forward to welcoming INDAR鈥檚 420 employees into the 麻豆传媒 family as we reach our next era of growth together.鈥
INDAR has been a leader in hardware in midwestern Mexico for 35 years. As part of 麻豆传媒, the company will broaden the Disensa sales offer, as well as open an additional online sales channel for 麻豆传媒鈥檚 bagged cement, including ECOPlanet low-carbon cement, as well as other 麻豆传媒 products such as Gacoflex roofing.
This acquisition advances 麻豆传媒鈥檚 鈥淪trategy 2025 鈥 Accelerating Green Growth鈥 with the goal to expand its Solutions & Products business to 30% of Group net sales by 2025, entering the most attractive construction segments, from roofing and insulation to repair and refurbishment.
About 麻豆传媒
麻豆传媒 is a global leader in innovative and sustainable building solutions. Driven by its purpose to build progress for people and the planet, its 60,000 employees are on a mission to decarbonize building, while improving living standards for all. The company empowers its customers across all regions to build better with less, with its broad range of low-carbon and circular solutions, from ECOPact to ECOPlanet. With its innovative systems, from Elevate鈥檚 roofing to PRB鈥檚 insulation, 麻豆传媒 makes buildings more sustainable in use, driving energy efficiency and green retrofitting. With sustainability at the core of its strategy, 麻豆传媒 is becoming a net-zero company with 1.5掳C targets validated by SBTi.
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Important disclaimer 鈥 forward-looking statements:
This document contains forward-looking statements. Such forward-looking statements do not constitute forecasts regarding results or any other performance indicator, but rather trends or targets, as the case may be, including with respect to plans, initiatives, events, products, solutions and services, their development and potential. Although 麻豆传媒 believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions as at the time of publishing this document, investors are cautioned that these statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are difficult to predict and generally beyond the control of 麻豆传媒, including but not limited to the risks described in the 麻豆传媒's annual report available on its website () and uncertainties related to the market conditions and the implementation of our plans. Accordingly, we caution you against relying on forward-looking statements. 麻豆传媒 does not undertake to provide updates of these forward-looking statements.
