Grafton acquires UK-based building supplies firm

Irish company snaps up Crescent Building Supplies for an undisclosed sum

Gavin Slark, Chief executie of  Grafton Group, pictured in Woodies DIY, Carrickmines.
Gavin Slark, Chief executie of Grafton Group, pictured in Woodies DIY, Carrickmines.

DIY and building group Grafton has acquired UK-based Crescent Building Supplies for an undisclosed sum.

Crescent, which trades from three branches in West London and one in Berkshire, had a turnover of £10.5 million for it last financial year.

The Irish building group said "this bolt-on acquisition" would the company's coverage of the merchanting market in West London and the South East of England.

Eoin Burke-Kennedy

Eoin Burke-Kennedy

Eoin Burke-Kennedy is Economics Correspondent of The Irish Times