Byggmax acquires Norwegian tiles discounter Right Price Tiles
Byggmax Group acquires the Norwegian tiles discounter Right Price Tiles and plans further Nordic growth in the tiles category and new concept stores under the Byggmax brand. Right Price Tiles is a Norwegian founder led DIY concept focused on modern tiles and tiles accessories at the best prices, with a long track record of profitable organic growth. In 2020, sales amounted to NOK 300m and EBITDA 34m (excl. IFRS16). The acquisition gives Byggmax access to a leading private label product portfolio and deep tiles competence, to leverage for further growth under the Byggmax brand. The discount