1st Apr 2026 08:50
Grafton Group PLC - Dublin-based building materials distributor - Completes acquisition of Cork, Ireland-based Cygnum Holdings Ltd. Cygnum is a supplier of made-to-order offsite timber frames for the Irish housebuilding market. The deal was first announced last month. Cygnum reported revenue of EUR45.6 million in its 2025 financial year. The financial details of the transaction were not disclosed.
"The acquisition will increase Grafton's exposure to the new-build market in Ireland and will provide the opportunity to support Cygnum's customers with access to a broader range of construction related products and solutions," says Grafton Chief Executive Officer Eric Born.
Current stock price: 906.90 pence, up 0.9% on Wednesday morning in London
12-month change: up 5.1%
By Michael Hennessey, Alliance News reporter
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