Grafton Group acquires UK merchanting business

Monday 01 September 2014 12.22
Grafton says latest deal in the UK will increase its reach in the southeast
Grafton says latest deal in the UK will increase its reach in the southeast

Builders merchanting and DIY group Grafton has announced the acquisition of Direct Builders Merchants. 

Direct Builders is a general merchanting operation trading from three branches in Kent. 

The acquired business had revenues of £4.8m in 2013, which equates to a under 1% of Grafton's UK merchanting revenues last year. 

However, while small, the acquisition will increase Grafton's reach in the southeast of England.