|PGZ International B.V.
In 2000 Wagram invested in AGZ B.V. a wholesale business that delivers tools and equipment to the DIY retail chains and garden centers. The company was acquired from a private shareholder. At that time AGZ generated a profitable turnover of € 45 million. Due to its excellent logistics, AGZ was able to handle this turnover with only 55 employees.
In 2004 AGZ merged with Pril B.V., a wholesale company for paint and paint related accessories. The reason for the merger was the overlap in the customer base and the adjoining product portfolios. Later two Belgian companies were acquired; Massart-Navarre and Nollekens, both active in the distribution of DIY products. The new combination has a turnover of approximately € 100 million.