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Acquisition of RAP Plumbing Supplies - Completion

1 Apr 2019 15:15

RNS Number : 7217U
Norcros PLC
01 April 2019
 

 

 

 

 

 

 

 

("Norcros", the "Group" or the "Company")

 

Acquisition of RAP Plumbing Supplies Proprietary Limited - Completion

 

Norcros, a market leading supplier of high quality and innovative bathroom and kitchen products is pleased to confirm that, further to its announcements on 16 January and 25 March 2019, it has today completed the acquisition of South African based RAP Plumbing Supplies (Proprietary) Limited, trading as House of Plumbing ("House of Plumbing").

 

 

 

ENQUIRIES:

 

Norcros plc

Tel: 01625 547 700

Nick Kelsall, Group Chief Executive

 

Shaun Smith, Group Finance Director

 

 

 

Hudson Sandler

Tel: 0207 796 4133

Nick Lyon

Nelly Akpaka

 

 

 

 

 

 

Notes to Editors

· Norcros is a leading supplier of high quality and innovative bathroom and kitchen products with operations primarily in the UK and South Africa

 

· Based in the UK, Norcros operates under seven brands:

 

o Triton - Market leader in the manufacture and marketing of showers in the UK

o Merlyn - the UK and Ireland's No. 1 supplier of shower enclosures and trays to the residential, commercial and hospitality sectors

o Vado - A leading manufacturer and supplier of taps, mixer showers, bathroom accessories and valves

o Croydex - A market-leading, innovative designer, manufacturer and distributor of high- quality bathroom furnishings and accessories

o Abode - A leading niche designer and distributor of high-quality kitchen taps, bathroom taps and kitchen sinks

o Johnson Tiles - A leading manufacturer and supplier of ceramic tiles in the UK

o Norcros Adhesives - Manufacturer of tile & stone adhesives, grouts and related products

 

· Based in South Africa, Norcros operates under three brands:

 

o Tile Africa - Chain of retail stores focused on ceramic and porcelain tiles, and associated products such as sanitary ware, showers and adhesives

o Johnson Tiles South Africa - Manufacturer of ceramic and porcelain tiles

o TAL - The leading manufacturer of ceramic and building adhesives

 

· Norcros is headquartered in Wilmslow, Cheshire and employs around 2,100 people. The Company is listed on the London Stock Exchange. For further information please visit the Company website: http://www.norcros.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.
 
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