B&M European Value Retail S.A. (DI) (BMEL)

166.45p
   
  • Change Today:
    -2.10p
  • 52 Week High: 371.10p
  • 52 Week Low: 155.20p
  • Currency: UK Pounds
  • Shares Issued: 1,000.00m
  • Volume: 63,489
  • Market Cap: £1,664.50m

B&M European Value to sell loss-making German business

By Michele Maatouk

Date: Wednesday 11 Mar 2020

LONDON (ShareCast) - (Sharecast News) - B&M European Value Retail has agreed to sell its loss-making German business Jawoll for €12.5m to a consortium led by AC Curtis Salta, which is funded by Adiuva Capital.
The discount retailer said on Wednesday that on completion, the purchaser will also repay Jawoll's bank debt.

Jawoll is a general merchandise discount retailer with 89 stores in the North-West of Germany. In the year to the end of March 2019, it made losses of ?15.4m.

Completion of the deal is expected to occur within the next 28 days or by a long stop date of 1 June 2020 and B&M said the transaction will have no material impact on the company's leverage.





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BMEL Market Data

Currency UK Pounds
Share Price 166.45p
Change Today -2.10p
% Change -1.25 %
52 Week High 371.10p
52 Week Low 155.20p
Volume 63,489
Shares Issued 1,000.00m
Market Cap £1,664.50m

What The Brokers Say

Strong Buy 6
Buy 5
Neutral 6
Sell 2
Strong Sell 0
Total 19
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Trades for 24-Nov-2025

Time Volume / Share Price
08:49 255 @ 166.45p
08:49 810 @ 166.45p
08:44 1,726 @ 166.50p
08:44 247 @ 166.50p
08:44 683 @ 166.55p

BMEL Key Personnel

CFO Mike Schmidt
CEO Tjeerd Jegen

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