Divestment of Traditional GB Merchanting Business

RNS Number : 2395X
Grafton Group PLC
04 January 2022
 

 

 

 

Completion of Divestment of Traditional Merchanting Business in Great Britain

 

4 January 2022

 

Grafton Group plc ("Grafton") announced on 1 July 2021 that it had entered into an agreement to divest its Traditional Merchanting Business in Great Britain. Grafton is pleased to announce that this divestment completed on 31 December 2021.

 

 

For further information please contact:

Grafton Group plc    +353 1 216 0600

Gavin Slark   Chief Executive Officer 

David Arnold  Chief Financial Officer

 

Murray  +353 1 498 0300

Pat Walsh

 

MHP Communications  +44 20 3128 8100   

Tim Rowntree/Rachel Mann

 

 

 

 

 

 

About Grafton

 

Grafton Group plc is an international distributor of building materials to trade customers and has leading regional or national positions in the merchanting markets in the UK, Ireland, the Netherlands and Finland following the acquisition of IKH in July 2021. Grafton is also the market leader in the DIY, Home and Garden retailing market in Ireland and is the largest manufacturer of dry mortar in the UK where it also operates a market leading staircase manufacturing business.

 

Grafton trades from circa 335 branches and has circa 8,200 colleagues. Its portfolio of brands includes Selco, Leyland SDM, MacBlair, CPI EuroMix and StairBox in the UK; Chadwicks and Woodie's in Ireland, Isero and Polvo in the Netherlands and IKH in Finland.

 

For further information visit www.graftonplc.com 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DISKZGGMGZDGZZZ
UK 100

Latest directors dealings