Saint-Gobain, parent company of Minster, has exchanged binding contracts with The STARK Group to sell all the businesses of Saint-Gobain Building Distribution Ltd (SGBD). This includes Minster and the sale is expected to be completed in Q1 of 2023.
The STARK Group is among Europe’s fastest-growing retailers and distributors and is completely focussed on building materials distribution for the professional builder/tradesperson. They are headquartered in Denmark, with operations in 6 countries in Northern Europe. The STARK Group has a complete focus on building distribution and a strong focus on giving customers a great experience and being a responsible sustainable business.
The STARK Group is investing in SGBD/Minster to support its plans for growth which are centred around providing a great experience and continuing to evolve its services with customers’ current and future needs in mind.
There is no change for now. Minster continues to operate and trade as normal and we remains on hand to support its customers with all their needs.