Acquisition of T Brewer & Co Ltd

RNS Number : 7959K

Grafton Group PLC

05 January 2016

 

Grafton Group plc

Acquisition of T Brewer & Co Ltd

Grafton Group plc, the builders merchanting and DIY Group with operations in the UK, Ireland, the Netherlands and Belgium, announces that it has completed the acquisition of T Brewer & Co Ltd ("T Brewer"), a London based specialist timber business that trades from three branches in Clapham, Enfield and Amersham. T Brewer, which generated revenue of approximately £14.0 million in 2015, extends coverage of the merchanting market in the London area and provides a further opportunity for the profitable growth of the Group.

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For further information please contact:

Grafton Group plc ([phone])

Gavin Slark, Group Chief Executive Officer

David Arnold, Group Chief Financial Officer

Murray Consultants ([phone])

Pat Walsh

MHP Communications ([phone])

James White

 

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