Information  X 
Enter a valid email address

Grafton Group PLC (GFTU)

  Print          Annual reports

Friday 16 April, 2021

Grafton Group PLC

Strategic Review of GB Traditional Merchanting

RNS Number : 6578V
Grafton Group PLC
16 April 2021
 

 

 

GRAFTON GROUP PLC

("GRAFTON" or the "GROUP")

 

STRATEGIC REVIEW OF GB TRADITIONAL MERCHANTING

 

16 April 2021

 

In line with its strategic focus, the Board of Grafton Group plc today announces that it has appointed Rothschild & Co to undertake a review of certain of its traditional merchanting businesses in Great Britain which may or may not result in the sale of some or all of these businesses.

 

This strategic review is focused solely on the Buildbase, Civils & Lintels, PDM Buildbase, The Timber Group, Bathroom Distribution Group and NDI businesses. No other businesses in the Group form part of the strategic review.

 

 

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 distribution markets in the UK, Ireland and the Netherlands. Grafton is also the market leader in the DIY retailing market in Ireland and is the largest manufacturer of dry mortar in the UK.

 

Grafton trades from circa 530 branches and has circa 11,000 colleagues. Its portfolio of brands includes Selco, Buildbase, Leyland SDM, MacBlair, CPI EuroMix and StairBox in the UK; Chadwicks and Woodie's in Ireland and Isero and Polvo in the Netherlands.

 

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 [email protected] 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
 
 
UPDSFWFWIEFSEDL

a d v e r t i s e m e n t