1st Oct 2014 06:33
LONDON (Alliance News) - Grafton Group PLC Wednesday said it has completed the acquisition of Gedimat-Ginion SA, a single-branch general merchants business located in Brussels for an undisclosed fee.
The deal comes after the builders merchants and DIY products company acquired Belgian merchanting business Binje Ackermans SA, which trades under the MPRO brand, in a deal worth EUR20.5 million earlier this year.
Grafton Wednesday said Gedimat-Ginion posted revenue of GBP3.2 million for the year to June 2014.
By Anthony Tshibangu; [email protected]; @AnthonyAllNews
Copyright 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
Grafton Group