Grafton Group

M&A Activity • Sep 1, 2014

National Storage Mechanism | Additional information

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RNS Number : 4331Q

Grafton Group PLC

01 September 2014

Grafton Group plc

Acquisition of Direct Builders Merchants Ltd

Grafton Group plc, the builders merchanting and DIY Group with operations in the UK, Ireland and Belgium, announces that it has completed the acquisition of Direct Builders Merchants Ltd, a general merchanting business trading from three branches located in Sittingbourne, Whitstable and Ashford in Kent.  This bolt-on acquisition, which had revenue of £4.8 million in the financial year to 31 December 2013, improves the Group's coverage of the merchanting market in Kent and the South East of England.

Ends

For further information please contact:

Grafton Group plc (+353 1 2160600)

Gavin Slark, Group Chief Executive Officer

David Arnold, Group Chief Financial Officer

Murray Consultants (+353 1 4980300)

Pat Walsh

MHP Communications (+44 20 3128 8100)

James White

This information is provided by RNS

The company news service from the London Stock Exchange

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