JP Corry has joined STARK Group A/S today (1st
March) as the acquisition, first announced on the 12th
December, of JP Corry’s parent company Saint-Gobain Building Distribution UK has been completed by STARK Group.
JP Corry has now joined one of the fastest growing merchants and distribution groups in Europe and a business completely focussed on its expertise in distributing building materials for Tradespeople.
The JP Corry brand name, much recognised and respected by those in the industry will continue and JP Corry will become part of the UK subsidiary of STARK Group, STARK Building Materials UK.
Ciaran McConnell, MD of JP Corry, said:
“STARK Group is a leading distributor of building materials across Europe and their business is completely focussed on meeting the needs of builders and tradespeople. They understand the things that are important to our customers and will be supporting our plans to deliver the ranging, solutions, services and great experience that will help customers grow and make their life easier. So it’s great for our customers and for our suppliers who are also a critical part of our success.
Customers won’t notice any immediate change, as it’s very much business as usual and we will continue to trade as normal for customers.
Over time we will be working closely with STARK, sharing and building on our great plans for our customers. We have a lot of opportunities now to share best practice with STARK and learn from their business and operations elsewhere in Europe. They have a tremendous track record of growth and delivering a great experience to their customers. We’ll be spending time seeing in what ways we can learn from this experience to support our local customers.”
STARK Group CEO Søren P. Olesen said:
“We are very pleased to have completed this acquisition in great time and look forward to welcoming the JP Corry colleagues and JP Corry branches from JP Corry to STARK. We have a strategy that successfully focuses on professional tradespeople and the renovation and maintenance market together with specialist distribution for a range of customer segments. Entering the UK market is a great opportunity for our combined business to share best practice across the Nordics, Germany, Austria and the UK making life even easier for tradespeople.
We’re delighted to now be a major employer in the UK, with 9,000 colleagues, where we will continue to operate as a good corporate citizen, placing a strong emphasis on sustainability, valuing and caring about our new UK employees and supporting UK growth and building decarbonisation,” says Søren P. Olesen.
About STARK Group
STARK Group is a leading business-to-business distributor of heavy building materials for the construction industry in Europe, with a strategic focus on serving professional builders from its more than 1,150 branches.
STARK Group has pro forma net sales of approx. EUR 9 billion and employs more than 20,000 people across Europe. The Group empowers professional builders with insights, product knowledge and sound advice, as well as advises suppliers about market developments and customer feedback.
STARK Group is aiming to reach net zero emissions by 2050 across the entire business, is a signatory to the UN Global Compact, and works within fully validated science-based targets to keep global warming below 1.5°C