OpenGate closes buy of Bois & Matériaux

OpenGate Capital said Tuesday it completed its buy of Bois & Matériaux. Wolseley plc is the seller. Financial terms weren’t announced but OpenGate said it is investing 25 million euros ($27.5 million) into the B&M business. Paris-based Bois is a business-to-business distributor of building materials in France.

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