Grafton Group Strengthens Irish Operations with Strategic Acquisition and Divestment

Grafton Group plc (LSE:GFTU) has announced two major corporate developments as part of its ongoing strategic realignment. The company has acquired HSS Hire Ireland Limited, a leading provider of tool and equipment rental services. This acquisition will bolster Grafton’s Chadwicks business, expanding its capabilities and market reach in Ireland.

At the same time, Grafton has divested its MFP piping business in Ireland, selling it to a subsidiary of Wienerberger AG. The move reflects a targeted repositioning of its business portfolio to focus on core growth areas and operational efficiency.

Market Perspective

Grafton maintains a solid financial foundation, reinforced by consistent share buybacks and strong insider confidence. While profitability and cash flow management remain areas for improvement, the company benefits from favorable technical momentum. Investors are advised to monitor for potential overbought signals in the current trading environment.

About Grafton Group

Grafton Group plc is a diversified international distributor of building materials, with operations spanning the UK, Ireland, the Netherlands, Finland, and Spain. It holds leading positions in several sectors, including DIY, home improvement, and specialist building product manufacturing. The company operates around 470 locations and employs approximately 10,000 people, managing a portfolio of established brands such as Chadwicks, Woodie’s, Selco Builders Warehouse, and others.

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