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The group has appointed Rothschild & Co to undertake a review of some subsidiaries Grafton Group PLC (LON:GFTU) said it appointed advisor Rothschild & Co to undertake a review of some of its traditional merchanting businesses in the UK. The building materials distributor and DIY retailer said it may result in the sale of some or all of these subsidiaries. The review will focus on Buildbase, Civils & Lintels, PDM Buildbase, The Timber Group, Bathroom Distribution Group and NDI businesses. In the final results published in February, the FTSE 250 group said UK trading had been hit by the pandemi...

Grafton Group to review some of its UK merchant business Move may or may not result in the sale of some or all of these businesses, group said about 4 hours ago   Grafton Group, the builders merchants and DIY retailer, is to undertake a review of some of its merchanting businesses in Britain which may or may not result in the sale of some or all of these businesses. The group, which owns Woodies, said on Friday it had appointed Rothschild & Co to carry out the process. It said the strategic review is focused solely on the Buildbase, Civils & Lintels, PDM Buildbase, the Timber Group, Bathroo...

Grafton Group to review some of its UK merchanting businesses Move may or may not result in the sale of some or all of businesses, group says about 11 hours ago   Grafton Group, the builders merchants and DIY retailer, is to undertake a review of some of its merchanting businesses in Britain which may or may not result in the sale of some or all of these businesses. The group, which owns Woodie’s, said on Friday it had appointed Rothschild & Co to carry out the process. It said the strategic review is focused solely on the Buildbase, Civils & Lintels, PDM Buildbase, the Timber Group, Bath...

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Updated / Friday, 16 Apr 2021 08:55 Grafton Group appoints Rothschild & Co to review some of its traditional merchanting businesses in the UK Building material distributor Grafton Group said today it has appointed Rothschild & Co to review some of its traditional merchanting businesses in Britain. The company said the review, focused on six of its businesses including Buildbase and Civils & Lintels, may or may not result in the sale of some or all of these businesses. Liberum analysts estimate the businesses to have revenue of about £1 billion and that a sale might bring in around £300-400...