1st Apr 2022 10:33
Lords Group Trading PLC - London-based distributor of building, plumbing, heating and DIY goods - Buys 90% interest in plumbing and heating businesses DH&P Trade Counters Holdings Ltd and DH&P HRP Holdings Ltd for a total of GBP9.3 million. The remaining 10% interest in DH&P will be retained equally by the business' current vendors, who will remain in their management roles with the business. The deal is being funded existing resources and is expected to be immediately earnings accretive, Lords Group says. Read More