News Formal

Grafton completes divestment of UK merchanting business

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 61%

México Noticias Noticias

Building materials distributor Grafton Group has confirmed that it has completed the divestment of its traditional merchanting business in the UK.

The group announced the sale of the business to builder merchant Huws Gray in July for an enterprise value of £520 million.

Grafton, which owns Woodies DIY and Chadwicks here, confirmed the deal following a strategic review of the business which commenced in April. In the year to December 2020, it reported revenue of £828.2 million and adjusted operating profit of £18.8 million.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 16. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Grafton closes sale of traditional merchanting business in BritainGrafton closes sale of traditional merchanting business in Britain via IrishTimesBiz
Fuente: IrishTimesBiz - 🏆 6. / 77 Leer más »