Grafton Group

Last updated

Grafton Group plc
Company type Public limited company
IndustryBuilding materials
Founded1902;123 years ago (1902)
Headquarters Dublin, Ireland
Key people
Michael Roney (Chairman)
Eric Born (CEO)
RevenueDecrease2.svg 2,282.3 million (2024) [1]
Decrease2.svg 152.6 million (2024) [1]
Decrease2.svg 122.0 million (2024) [1]
Website graftonplc.com

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

Contents

History

Early years (1902–1987)

Previous logo Grafton Group logo.svg
Previous logo

In 1902, William Thomas Chadwick established a builders' merchants and building contractors business in Dublin. It was incorporated as Chadwicks (Dublin) Ltd in 1909. [2] [3]

In 1930, Chadwick acquired a roof tile and concrete block manufacturing business in Dublin. [4] [3] He registered that business as Concrete Products of Ireland Ltd in 1931. [5] [6]

Concrete Products of Ireland Ltd became a public limited company (plc) and incorporated Chadwicks (Dublin) Ltd in 1965, and building materials company Marley increased its holding in the company to 51%. [6] Michael Chadwick bought out Marley and renamed the business Grafton Group in 1987. [6]

Expansion in Ireland and the UK (1988–2012)

In 1988, Concrete Products of Ireland plc changed its name to Grafton Group plc. [3]

In March 1998, it bought British Dredging, a United Kingdom builders merchants including the Selco chain. [7] In February 2003, it bought Jackson Building Centres, another British builders merchants, based in Lincolnshire. [6]

In October 2003, it also bought Plumbline, Scotland's largest independent plumbers merchants. [8] In June 2004, it bought Heiton Group, Ireland’s largest independent plumbers merchants. [9] In December 2006, it then bought Plumbworld, one of the United Kingdom’s largest online bathroom retailers. [10]

Recent developments (2013–present)

Selco is part of Grafton Group. Selco, Baguley - geograph.org.uk - 1134474.jpg
Selco is part of Grafton Group.

In August 2013, it bought Wearside builders' merchant Thompsons, [11] in October 2013, it bought Binje Ackermans, a Brussels based merchanting operation, [12] 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. [13]

Then in September 2014, it bought Direct Builders Merchants, a general merchanting business based in Kent [14] and in December 2014, it bought Crescent Building Supplies, a builders' merchant based in Ruislip. [15] In March 2015, it bought TG Lynes, a distributor of mechanical engineering products, [16] in January 2016, it bought T Brewer, a timber distributor based in London, [17] and in March 2016, it bought Allsand Supplies, a general builders' merchant located in Kent. [18]

In January 2022 the company announced the completion of the sale of its merchanting business in the UK to Huws Gray for £520m. Businesses sold include Buildbase, Civils & Lintels, PDM Buildbase, The Timber Group, Bathroom Distribution Group, Frontline and NDI Brands. [19]

Operations

The company currently owns four physical "bricks and mortar" businesses, Woodie's DIY, Civils and Lintels, Selco and Jacksons brands. [20] It also has a number of businesses that trade exclusively online. [21]

References

  1. 1 2 3 "Annual Results 2024" (PDF). Grafton Group. Retrieved 6 March 2025.
  2. Michael Chadwick: Grafton Group Archived 2013-03-03 at the Wayback Machine Business & Finance, 2010
  3. 1 2 3 "Our history". www.graftonplc.com. Retrieved 28 August 2025.
  4. McCaffrey, Una (16 September 2005). "Chadwick keeps Grafton sailing down easy street". The Irish Times. p. 32.
  5. "Grafton Group Public Limited Company". Companies Registration Office. Retrieved 19 August 2025.
  6. 1 2 3 4 "Beating the Budget blues". www.independent.ie. Archived from the original on 29 December 2011.
  7. "Grafton is tracking British Dredging". www.independent.ie. 10 March 1998.
  8. "Plumbline duo cash in as Grafton enters Scotland". The Scotsman. 7 October 2003. Retrieved 28 August 2025.
  9. Grafton boosted by Heiton buy Construction News, 13 September 2005
  10. Plumbworld appoint new deputy Managing Director Archived 2013-10-18 at the Wayback Machine Journalism, 13 August 2012
  11. Robert Gibson (29 August 2013). "Thompsons merchants acquired for £3.8m by Grafton group". journallive. Archived from the original on 20 April 2016. Retrieved 9 April 2016.
  12. "Grafton Group acquires Binje Ackermans for €20.5m". Independent.ie. 21 October 2013. Retrieved 9 April 2016.
  13. "Campaign unveiled to launch new kitchen, bedroom and bathroom brand Bohen". Archived from the original on 1 January 2014. Retrieved 31 December 2013.
  14. "Grafton Group Buys Kent-Based Direct Builders... - Morningstar". MorningstarUK. Archived from the original on 7 August 2016. Retrieved 9 April 2016.
  15. Will Ackermann (4 December 2014). "Ruislip-based builders' merchants bought out by multi-billion pound firm". getwestlondon. Retrieved 9 April 2016.
  16. "Grafton Group acquires TG Lynes". www.buildersmerchantsnews.co.uk. 3 March 2015. Retrieved 28 August 2025.
  17. "Grafton Group acquires London timber firm T Brewer". The Irish Times. 5 January 2016. Retrieved 9 April 2016.
  18. "Grafton Group acquires Allsand Supplies". 2 February 2016. Retrieved 9 April 2016.
  19. "Grafton Group completes sale of traditional merchanting business in Britain". independent. 4 January 2022.
  20. "News - Builders Merchants Journal - BMJ". Archived from the original on 24 January 2011.
  21. Grafton Merchanting buys online merchant Archived 18 August 2017 at the Wayback Machine Builder's Merchant News, 30 June 2010