Grafton Group

Grafton Group plc is a builders merchants business based in the United Kingdom and Ireland. It is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Index.

Grafton Group plc
TypePublic limited company
LSE: GFTU
IndustryBuilding materials
Founded1902 (1902)
HeadquartersDublin, Ireland
Key people
Michael Roney (Chairman)
Gavin Slark (CEO)
Revenue 2,672.3 million (2019)[1]
197.8 million (2019)[1]
119.2 million (2019)[1]
Websitewww.graftonplc.com

History

The company was established by William Chadwick as Chadwicks (Dublin) Ltd in 1902.[2] It subsequently became Concrete Products of Ireland.[3] It was the subject of an initial public offering in 1965 and building materials company Marley subsequently took a 51% stake.[3] Michael Chadwick bought out Marley and renamed the business Grafton Group in 1987.[3]

In March 1998, it bought British Dredging, a United Kingdom builders merchants.[4] In February 2003, it bought Jackson Building Centres, another British builders merchants, based in Lincolnshire.[3]

In October 2003, it also bought Plumbline, Scotland's largest independent plumbers merchants.[5] In June 2004, it bought Heiton Group, Ireland’s largest independent plumbers merchants.[6] In December 2006, it then bought Plumbworld, one of the United Kingdom’s largest online bathroom retailers.[7]

In August 2013, it bought Wearside builders' merchant Thompsons,[8] in October 2013, it bought Binje Ackermans, a Brussels based merchanting operation,[9] and in December 2013, Grafton Group opened ten showrooms, and launched a brand new website called Bohen, which focuses on the bathroom, kitchen and bedroom industry.[10]

Then in September 2014, it bought Direct Builders Merchants, a general merchanting business based in Kent[11] and in December 2014, it bought Crescent Building Supplies, a builders' merchant based in Ruislip.[12] In March 2015, it bought TG Lynes, a distributor of mechanical engineering products,[13] in January 2016, it bought T Brewer, a timber distributor based in London,[14] and in March 2016, it bought Allsand Supplies, a general builders' merchant located in Kent.[15]

Operations

The company owns the Buildbase, Woodie's DIY, Civils and Lintels, Selco and Jacksons brands.[16] It also has a number of businesses that trade exclusively online.[17]

References

  1. "Annual Results 2019". Grafton Group. Retrieved 3 March 2020.
  2. Michael Chadwick: Grafton Group Archived 2013-03-03 at the Wayback Machine Business & Finance, 2010
  3. Beating the Budget blues The Independent, 10 December 2011
  4. "Grafton is tracking British Dredging". www.independent.ie. 10 March 1998.
  5. "Plumbline duo cash in as Grafton enters Scotland". www.scotsman.com. 7 October 2003.
  6. Grafton boosted by Heiton buy Construction News, 13 September 2005
  7. Plumbworld appoint new deputy Managing Director Archived 2013-10-18 at the Wayback Machine Journalism, 13 August 2012
  8. Robert Gibson (29 August 2013). "Thompsons merchants acquired for £3.8m by Grafton group". journallive. Retrieved 9 April 2016.
  9. "Grafton Group acquires Binje Ackermans for €20.5m". Independent.ie. Retrieved 9 April 2016.
  10. "Campaign unveiled to launch new kitchen, bedroom and bathroom brand Bohen". Retrieved 31 December 2013.
  11. "Grafton Group Buys Kent-Based Direct Builders... - Morningstar". MorningstarUK. Retrieved 9 April 2016.
  12. Will Ackermann (4 December 2014). "Ruislip-based builders' merchants bought out by multi-billion pound firm". getwestlondon. Retrieved 9 April 2016.
  13. "Grafton Group acquires TG Lynes". Retrieved 9 April 2016.
  14. "Grafton Group acquires London timber firm T Brewer". The Irish Times. 5 January 2016. Retrieved 9 April 2016.
  15. "Grafton Group acquires Allsand Supplies". Retrieved 9 April 2016.
  16. Grafton group suffers from bad weather Builders Merchant Journal, 6 May 2010
  17. Grafton Merchanting buys online merchant Builder's Merchant News, 30 June 2010
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