Company type | Public limited company |
---|---|
Industry | Building materials |
Founded | 1902 |
Headquarters | Dublin, Ireland |
Key people | Michael Roney (Chairman) Eric Born (CEO) |
Revenue | € 2,319.2 million (2023) [1] |
€ 183.1 million (2023) [1] | |
€ 148.7 million (2023) [1] | |
Website | graftonplc.com |
Grafton Group plc is a builders merchants business based in the United Kingdom and Ireland. It is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Index.
The company was established by William Chadwick as Chadwicks (Dublin) Ltd in 1902. [2] It subsequently became Concrete Products of Ireland. [3] It was the subject of an initial public offering in 1965 and building materials company Marley subsequently took a 51% stake. [3] Michael Chadwick bought out Marley and renamed the business Grafton Group in 1987. [3]
In March 1998, it bought British Dredging, a United Kingdom builders merchants. [4] In February 2003, it bought Jackson Building Centres, another British builders merchants, based in Lincolnshire. [3]
In October 2003, it also bought Plumbline, Scotland's largest independent plumbers merchants. [5] In June 2004, it bought Heiton Group, Ireland’s largest independent plumbers merchants. [6] In December 2006, it then bought Plumbworld, one of the United Kingdom’s largest online bathroom retailers. [7]
In August 2013, it bought Wearside builders' merchant Thompsons, [8] in October 2013, it bought Binje Ackermans, a Brussels based merchanting operation, [9] 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. [10]
Then in September 2014, it bought Direct Builders Merchants, a general merchanting business based in Kent [11] and in December 2014, it bought Crescent Building Supplies, a builders' merchant based in Ruislip. [12] In March 2015, it bought TG Lynes, a distributor of mechanical engineering products, [13] in January 2016, it bought T Brewer, a timber distributor based in London, [14] and in March 2016, it bought Allsand Supplies, a general builders' merchant located in Kent. [15]
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. [16]
The company currently owns four physical "bricks and mortar" businesses, Woodie's DIY, Civils and Lintels, Selco and Jacksons brands. [17] It also has a number of businesses that trade exclusively online. [18]
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