International DIY News
Grafton Group Completes Acquisition of Polvo
Grafton Group plc ("Grafton" or "the Group") announced on 11 April 2019 that it had conditionally agreed to acquire Polvo BV ("Polvo"), a distributor of ironmongery, tools, fixings and related products that trades from 51 branches in the Netherlands.
Grafton is pleased to announce that this transaction completed on 1 July 2019.
The acquisition of Polvo, a unique opportunity to acquire a leading business and brand, complements our established Isero business in the Netherlands and consolidates its market leadership position in this segment of the merchanting market where it now trades from 113 branches.
Source : Insight DIY Team and Polvo
Insight provides a host of information I need on many of our company’s largest customers. I use this information regularly with my team, both at a local level as well as with our other international operations. It’s extremely useful when sharing market intelligence information with our corporate office.
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