1st Apr 2026 07:00
Completion of Acquisition of Cygnum Holdings Limited
1 April 2026
Grafton Group plc ("Grafton" or "the Group"), is pleased to announce that, further to its announcement on 10 March 2026, it completed the acquisition of Cygnum Holdings Limited ("Cygnum") on 31 March 2026.
Cygnum is a leading made-to-order supplier of offsite timber frame solutions to developers and contractors in the Irish market.
Commenting on the acquisition, Eric Born, CEO of Grafton Group plc said today:
"We are very pleased to have completed the acquisition of Cygnum, and we look forward to working with the management team and our new colleagues. 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."
Ends
For further information please contact:
Investors | Media | ||
Grafton Group plc | +353 1 216 0600
| Murray |
|
Eric Born | Chief Executive Officer | Pat Walsh | +353 1 498 0300/+353 87 226 9345 |
David Arnold | Chief Financial Officer | ||
Burson Buchanan Helen Tarbet Simon Compton Toto Berger |
+44 (0) 7872 604 453 +44 (0) 7979 497 324 +44 (0) 7880 680 403 | ||
About Grafton
Grafton Group plc is a European multinational distributor of construction related products and solutions comprising four geographic segments serving the Island of Ireland, Great Britain, Northern Europe and Iberia. In our home Irish market, we also operate the leading home improvement retailer.
Trading from c. 470 branches with c. 10,000 colleagues, the Group's portfolio of market leading, trusted brands includes:
· | Island of Ireland: Chadwicks Group, Woodie's and MacBlair |
· | Great Britain: Selco, Leyland SDM, T.G. Lynes, CPI EuroMix and StairBox |
· | Northern Europe: Isero / Polvo (Netherlands) and IKH (Finland) |
· | Iberia: Salvador Escoda (Spain) |
For further information visit www.graftonplc.com
Related Shares:
Grafton Group