Grafton Group PLC Divestment of Traditional GB Merchanting Business (2395X)
January 04 2022 - 2:00AM
UK Regulatory
TIDMGFTU
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
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