REG - Grafton Group PLC - Completion of Acquisition of Mercaluz

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RNS Number : 7734C  Grafton Group PLC  01 May 2026

 

 

Completion of Acquisition of Mercaluz

 

1 May 2026

 

Grafton Group plc ("Grafton" or "the Group"), is pleased to announce that,
further to its announcement on 19 March 2026, it completed the acquisition of
Componentes Eléctricos Mercaluz, S.A., Mercaluz Hogar, S.L.U., EAS Electric
Smart Technology, S.L.U. and Mercaluz Canarias, S.L.U.  (together "Mercaluz")
on 30 April 2026.

Mercaluz is a family-founded Spanish group that is predominantly a distributor
of domestic and commercial air conditioning equipment and some white goods and
home appliances to professional SME installers, with c.10,500 customers in
2025.

This acquisition reinforces Grafton's position in the fast-growing Iberian
HVAC market and and is a further step in the Group's ambition to build a
significant business distributing construction related products and solutions
in Iberia, following the acquisition of Salvador Escoda in October 2024.

Commenting on the acquisition, Eric Born, CEO of Grafton Group plc said today:

"We are very pleased to have completed the acquisition of Mercaluz.  We look
forward to working with the management team and colleagues to support the
development and ongoing organic expansion of the Mercaluz brand in the
fragmented Iberian marketplace".

 

Ends

 

 

For further information please contact:

 Investors                                   Media

 Grafton Group plc  +353 1 216 0600          Murray          pwalsh@murraygroup.ie (mailto:pwalsh@murraygroup.ie)

 Eric Born          Chief Executive Officer  Pat Walsh       +353 1 498 0300/+353 87 226 9345
 David Arnold       Chief Financial Officer
                                             Burson          GraftonGroup@buchanancomms.co.uk

                                             Buchanan

                                             Helen Tarbet    +44 (0) 7872 604 453

                                             Simon Compton   +44 (0) 7979 497 324

                                             Toto Berger     +44 (0) 7880 680 403

 

 

About Grafton

Grafton Group plc is a European multinational distributor of construction
related products and solutions comprising four geographic segments serving the
Island of Ireland, Great Britain, Northern Europe and Iberia.  In our Irish
home market, we also operate the leading home improvement retailer.

Trading from c. 470 branches with c.10,000 colleagues, the Group's portfolio
of market leading, trusted brands includes:

 ·         Island of Ireland: Chadwicks Group, Woodie's and MacBlair
 ·         Great Britain: Selco, Leyland SDM, T.G. Lynes, CPI EuroMix and StairBox
 ·         Northern Europe: Isero / Polvo (Netherlands) and IKH (Finland)
 ·         Iberia: Salvador Escoda and now Mercaluz

For further information visit www.graftonplc.com (http://www.graftonplc.com/)

 

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