Zaandam, October 5, 2022

TABS Holland NV has signed an agreement for the takeover of Alex van Gruijthuijsen's company in Beneden-Leeuwen (in Gelderland, the land of Maas and Waal).

This concerns the following activities:
• Alex Bouwmarkt
• KlusWijs Beneden-Leeuwen
• GBM Sanitary Studio

TABS Holland is a leading supplier of wood, panels and building materials on the Dutch market for new construction, renovation and maintenance. The activities of TABS Holland consist of various companies, including the national wood, panel and building materials traders PontMeyer and Jongeneel and a number of wholesalers.

Alex Bouwmarkt sells building materials, KlusWijs Beneden-Leeuwen is a do-it-yourself retailer, serving both private and business customers, and GBM Sanitair Studio is a sanitary ware and tile showroom. Alex van Gruijthuijsen started the hardware store in 1985, in 2005 the do-it-yourself retail trade was separated from the hardware store and in 1995 the sale of sanitary ware and tiles was added. The three activities are healthy and have a good regional position. This makes the takeover attractive for TABS Holland.

After the acquisition of the hardware store/wholesale, TABS Holland has 104 branches spread across the Netherlands. In addition to PontMeyer, Jongeneel, Hormes Building Materials and Houthandel Looijmans, the following importers/wholesalers are part of the company: Heuvelman Hout, RET Bouwproducten, de Hillegersbergsche Gevelproducten, Centrop Houtimport, Withagen Houtprodukten, Trima, Houthandel van Dam and Astrimex. The company employs approx
1.680 FTE. Alex van Gruijthuijsen's companies employ 13 FTEs.

René Olsthoorn, CEO of TABS Holland: “We are happy with the upcoming takeover of Alex van Gruijthuijsen's hardware store/wholesale. We see it as a great addition to our activities and specifically to those of Hormes Building Materials, the company that was added to TABS Holland at the beginning of 2022. The hardware store/wholesale is healthy and has a good name. By expanding our national coverage with the location in Beneden-Leeuwen, we can
serve customers even better.”

For further information:
René Olsthoorn, CEO TABS Holland, and René van 't Hof, CFO TABS Holland, tel. 075 – 6536 234
See also: www.tabsholland.nl