Brico Depot Romania (part of Altex) in the news

Altex, Media Galaxy, and Brico Depot are holding a 'Summer Black Friday' sale from August 13-19, with discounts up to 50% on a wide range of products.

Altex Romania's 2025 turnover grew to 8.2 billion lei, but net profit fell by 39% due to Brico Depot integration and investments, with plans for significant strategic investments in 2026.

Altex will invest 400 million lei by 2026 to modernize stores, expand its marketplace, and accelerate digital transformation, integrating Brico Depot to become a comprehensive home improvement retailer.

Altex Romania integrated Brico Depot resulting in a record-low 7.1% annual growth and a 40% profit decline due to high acquisition and integration costs.

A turnover exceeding 8.2 billion lei was achieved in 2025, though net profit fell by 39% due to the costs of integrating Brico Depot.

Altex achieved a record turnover in 2025 while integrating Brico Depot to transition into a complete home improvement and electro-IT ecosystem.

Altex reported record-low growth and a 40% profit drop in 2025 following the 70 million euro acquisition of Brico Depot Romania.

Altex Romania's 2025 turnover exceeded 8.2 billion lei, driven by a 7% increase and the acquisition of Brico Depot, expanding its presence in home improvement retail.

Altex Romania's 2025 net profit fell 39% to 228 million lei due to Brico Depot integration costs and operational investments.

Altex founder Dan Ostahie acquired the company Ideal Casa Property, gaining ownership of two Brico Depot leased stores in Baia Mare and Cluj, as part of a larger strategy to buy previously rented Brico Depot locations.

Altex founder Dan Ostahie purchased the properties of two Brico Depot stores in Baia Mare and Cluj from the heirs of Dan Petrescu to consolidate the group's retail portfolio.

Dan Ostahie is purchasing eight rented Brico Depot store locations across Romania to consolidate ownership and support a planned network expansion to 50 units.

Altex expects its combined businesses, including the recently acquired Brico Dépôt, to achieve 2.1 billion euros in revenue by 2026, despite projecting a challenging 2026 and plans to optimize Brico Dépôt's operations and expand its store network.

Dan Ostahie is expanding the Brico Dépôt network in Romania through new store openings, property acquisitions, and a 43 million euro financing deal.

Altex Romania is acquiring the Brico Depot DIY store chain with the support of a 43 million euro loan involving EBRD and Raiffeisen Bank.

Altex, Media Galaxy, and Brico Depot are launching a three-week joint Black Friday campaign with 50% discounts on electronics, furniture, and DIY products.

Altex Romania integrates Brico Depot, expanding its brand ecosystem and preparing for Black Friday with plans to rename the DIY retailer while maintaining its profile.

Brico Depot Romania is rebranding and integrating into the Altex group while planning annual expansion and a unified Black Friday strategy.

Altex Romania completes the 70 million euro acquisition and integration of 31 Brico Depot stores to expand its DIY and electronics retail footprint.

Altex is integrating Brico Depot Romania through a legal merger while maintaining Kingfisher private labels and expanding home improvement product categories.