Norcros PLC Completion of Acquisition of Grant Westfield (4290N)
31 Mai 2022 - 2:01PM
UK Regulatory
TIDMNXR
RNS Number : 4290N
Norcros PLC
31 May 2022
Norcros plc
("Norcros")
Completion of Acquisition of Grant Westfield
Further to the announcement on 11 May 2022 of the proposed
acquisition of Granfit Holdings Limited ("Grant Westfield") and the
announcement yesterday of the result of the General Meeting and
shareholder approval for the Acquisition, Norcros is pleased to
announce Completion of the Acquisition.
All words and expressions which are detailed in the circular
issued to Norcros shareholders on 12 May 2022 ("Circular") shall,
when used in this announcement, bear the meanings respectively
ascribed to them in the Circular.
Commenting on the Acquisition, Nick Kelsall, Chief Executive
Officer, said:
"The acquisition of Grant Westfield is a compelling strategic
and financial addition to the Group. Its products will broaden the
Group's bathroom product offer as well as providing a number of
meaningful growth opportunities. I look forward to working with
Sarah Law and her team to grow and develop the Grant Westfield
business further, both in the UK and internationally."
Further enquiries:
Norcros plc Tel: 01625 547 700
Nick Kelsall, Chief Executive
Officer
James Eyre, Chief Financial Officer
Hudson Sandler Tel: 0207 796 4133
Nick Lyon and Sophie Miles
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END
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