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Pin to quick picksGrafton Group Regulatory News (GFTU)

Share Price Information for Grafton Group (GFTU)

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Change: -13.70 (-1.46%)
Spread: 1.20 (0.129%)
Open: 932.50
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Acquisition of T Brewer & Co Ltd

5 Jan 2016 07:00

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.

 

Ends

For further information please contact:

Grafton Group plc (+353 1 2160600)

Gavin Slark, Group Chief Executive Officer

David Arnold, Group Chief Financial Officer

 

Murray Consultants (+353 1 4980300)

Pat Walsh

MHP Communications (+44 20 3128 8100)

James White

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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