Completion of Acquisition of Cygnum Holdings Ltd

Summary by AI BETAClose X

Grafton Group plc has successfully completed the acquisition of Cygnum Holdings Limited, a leading made-to-order supplier of offsite timber frame solutions in the Irish market. This strategic acquisition, finalized on March 31, 2026, is expected to enhance Grafton's presence in the Irish new-build sector and enable the provision of a wider array of construction products and solutions to Cygnum's existing customer base.

Disclaimer*

Grafton Group PLC
01 April 2026
 

 

 

Completion of Acquisition of Cygnum Holdings Limited

 

1 April 2026

 

Grafton Group plc ("Grafton" or "the Group"), is pleased to announce that, further to its announcement on 10 March 2026, it completed the acquisition of Cygnum Holdings Limited ("Cygnum") on 31 March 2026.

Cygnum is a leading made-to-order supplier of offsite timber frame solutions to developers and contractors in the Irish market.

Commenting on the acquisition, Eric Born, CEO of Grafton Group plc said today:

"We are very pleased to have completed the acquisition of Cygnum, and we look forward to working with the management team and our new colleagues.  The acquisition will increase Grafton's exposure to the new-build market in Ireland and will provide the opportunity to support Cygnum's customers with access to a broader range of construction related products and solutions."

 

Ends

 

 

For further information please contact:

Investors

Media





Grafton Group plc

+353 1 216 0600

 

Murray

pwalsh@murraygroup.ie

 

Eric Born

Chief Executive Officer

Pat Walsh

+353 1 498 0300/+353 87 226 9345

David Arnold

Chief Financial Officer





Burson

Buchanan

Helen Tarbet

Simon Compton

Toto Berger

GraftonGroup@buchanancomms.co.uk

 

+44 (0) 7872 604 453

+44 (0) 7979 497 324

+44 (0) 7880 680 403





 



 

About Grafton

Grafton Group plc is a European multinational distributor of construction related products and solutions comprising four geographic segments serving the Island of Ireland, Great Britain, Northern Europe and Iberia.  In our home Irish market, we also operate the leading home improvement retailer.

Trading from c. 470 branches with c. 10,000 colleagues, the Group's portfolio of market leading, trusted brands includes:

·   

Island of Ireland: Chadwicks Group, Woodie's and MacBlair

·   

Great Britain: Selco, Leyland SDM, T.G. Lynes, CPI EuroMix and StairBox

·   

Northern Europe: Isero / Polvo (Netherlands) and IKH (Finland)

·   

Iberia: Salvador Escoda (Spain)

For further information visit www.graftonplc.com

 

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