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Grafton Group Buys Kent-Based Direct Builders Merchants

1st Sep 2014 06:58

LONDON (Alliance News) - Building merchanting and DIY business Grafton Group PLC Monday said it has acquired Direct Builders Merchants Ltd, a general merchanting business trading from three branches in Kent.

The company did not say how much it paid for the business.

Grafton said this bolt-on-acquisition, which had revenue of GBP4.8 million in the financial year to December 31, 2013, improves the group's coverage of the merchanting market in Kent and the South East of England.

By Anthony Tshibangu; [email protected]; @AnthonyAllNews

Copyright 2014 Alliance News Limited. All Rights Reserved.


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