After the commotion caused by yesterday’s rumours of a possible takeover, the CEO of Belgian DIY chain Brico wants to put the record straight. Yes, his 152 stores are for sale. No, a new owner has not yet been found. And yes, he knows where the confusion comes from.
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Yesterday morning, Belgian newspaper De Tijd sent shockwaves through the DIY sector in the Benelux with its article on a possible sale of the DIY group Maxeda (which includes Brico for Belgium and Luxembourg and its Dutch counterpart Praxis.