Completion of Isero BV Acquisition

RNS Number : 2186G

Grafton Group PLC

19 November 2015

 

Grafton Group plc

Acquisition of Tools and Fixings Business in the Netherlands Completed

Grafton Group plc ("Grafton"), the Merchanting and DIY Group with operations in the UK, Ireland and Mainland Europe, announced on 27 October 2015 that it had signed an agreement to acquire Isero BV, the leading specialist distributor of tools and fixings that trades from 38 branches in the Netherlands.

Grafton is pleased to announce that, following consultation with the Works Council, this transaction has now completed.

For further information please contact:

Grafton Group plc [phone]

Gavin Slark                 Chief Executive Officer

David Arnold              Chief Financial Officer

Murray + 353 1 498 0300

Pat Walsh

MHP Communications + 44 20 3128 8100

James White

About Grafton:

Grafton Group plc is a builders merchanting and DIY Group with strong national or regional positions in its markets in the UK, Ireland, Belgium and now in the Netherlands.  Its merchanting portfolio includes the leading brands Selco, Buildbase, Plumbase and Macnaughton Blair in the UK; Chadwicks, Heiton Buckley and Woodie's in the Republic of Ireland; YouBuild and MPRO in Belgium and Isero in the Netherlands.  It also owns EuroMix, the largest manufacturer of silo mortars in the UK.

 

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