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IN BRIEF: Grafton completes purchase of Irish timber frame firm Cygnum

ALN

Grafton Group PLC - Dublin-based building materials distributor - Completes acquisition of Cork, Ireland-based Cygnum Holdings Ltd. Cygnum is a supplier of made-to-order offsite timber frames for the Irish housebuilding market. The deal was first announced last month. Cygnum reported revenue of €45.6 million in its 2025 financial year. The financial details of the transaction were not disclosed.

‘The acquisition will increase Grafton’s exposure to the new-build market in Ireland and will provide the opportunity to support Cygnum’s customers with access to a broader range of construction related products and solutions,’ says Grafton Chief Executive Officer Eric Born.

Current stock price: 906.90 pence, up 0.9% on Wednesday morning in London

12-month change: up 5.1%

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