Grafton Group completes acquisition of TG Lynes
Grafton Group has completed the acquisition of TG Lynes, a distributor of mechanical engineering products.
FTSE 250
20,479.74
17:14 01/11/24
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FTSE 350
4,508.38
17:14 01/11/24
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FTSE All-Share
4,465.61
16:54 01/11/24
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Grafton Group Ut (CDI)
1,015.00p
16:40 01/11/24
1.34%
13.40p
Support Services
11,146.00
17:14 01/11/24
1.34%
146.86
TG Lynes supplies products in the UK mechanical services market for use in commercial and public sector buildings, apartments and industrial processes.
Grafton said the acquisition “greatly enhances” the group's coverage of the market and complements development of the Plumbase Industrial business.