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International DIY News

Grafton Group Completes Acquisition of Polvo

Polvo website April 2019 725 x 500.jpg

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

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02 July 2019

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