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Dec 1 2020, 08:05 GMT
Grafton Group
StairBox to heaven?
- Sectors : Builders Merchants
- Companies : Grafton Group
DAVY VIEW
The acquisition of StairBox looks an interesting and attractive bolt-on for Grafton. It deploys some of the group’s financial capacity and the acquisition will add circa 3% to pro-forma trading profits over a full year. The transaction continues the theme of Grafton adding higher-margin, non-traditional merchanting businesses to its portfolio.
