The Sedco, Daldecor and Tegelcentrum group grows from 4 to 14 branches and launches a new brand name for the entire group.
The largest merger in the history of the Belgian B2B tile market was announced today. Sedco, Daldecor and Tegelcentrum, which already joined forces in 2023, are acquiring Intercarro. This will grow the group from 4 to 14 branches, unifying all operations under a single brand: United Tiles Belgium (UTB).
With this strategic move, UTB strengthens its position as the largest player in the professional tile market. The company now has 160 employees, five generations of expertise and an annual turnover of 60 million euros.
A strong family foundation and ambitious future
In November 2023, the Donners-Schelfhout family (Aalst), already in control of Sedco-Tegelcentrum, played a key role in uniting the group with Daldecor. With the acquisition of Intercarro, the group gains extensive industry expertise and deep market insights, further strengthening its position. The family is also supported by the arrival of Jef Huet, former CEO of BMB Bouwmaterialen, who will act as the new group CEO.
Smart Deal
This merger was executed by SDM Corporate Finance Group through a Smart Deal. Around fifty external investors backed the merger and will provide the required equity to drive future acquisitions.
United Tiles Belgium combines the expertise of several generations with a forward-looking vision and a rock-solid network. This acquisition positions UTB as the clear market leader in the professional tile market, expanding its reach and strengthening its expertise.
