Grafton Group acquires UK merchanting businessMonday 01 September 2014 12.22
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.