And Bricofer buys Bricorama – in Spain

The news published in Ferreteria y Actualidad about the sale of Bricorama stores in Spain (we had already talked about this) to the Bricofer group appears to have been confirmed by the French retailer.

The sale – it is not clear whether it will involve all 11 stores – should be finalised within a month. The terms of the transaction and the value of the purchase have not been disclosed, but it could be around 10 million euro. We are waiting for official confirmation from the Italian branch of the group.