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[BUSINESS] · Norway · 2 sources

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Mestergruppen holds supplier meeting to drive growth

Mestergruppen recently held its annual supplier information meeting, gathering over 300 suppliers and partners to discuss growth strategies in a challenging market. Despite recent downturns in the building materials, plumbing, and housing sectors caused by high interest rates and economic uncertainty, the company emphasized that opportunities for growth remain in both new construction and the renovation market.

CEO Mikkel Sandvik highlighted the necessity of close cooperation between chains and suppliers to realize future potential. Key topics included market development, with updates provided by Danske Bank, and the presentation of Mestergruppen’s strategic ambitions for 2027.

A major focus of the meeting was sustainability and the increasing demand for environmental documentation. The company noted that both professional clients and consumers are seeking more information regarding the carbon footprint of products, making environmental documentation a critical factor for competitiveness within the value chain.

Entities

Danske Bank · Geberit · Mestergruppen · Mikkel Sandvik · Nordan