Grafton expands presence in Brussels

1st Oct 2014 07:05

Building merchant Grafton Group has completed the acquisition of Brussels-based Gedimat-Ginion.The Belgian firm generated revenue of £3.2m in the year ended 30 June.Grafton said the addition expands and complements its coverage of the Brussels market following the acquisition earlier this year of Mpro.Shares in Grafton were up 0.2% to 627p by 08:45 on Wednesday.