Grafton Group completes acquisition of Cygnum

GFTU

Grafton Group plc (LON:GFTU), is pleased to announce that, further to its announcement on 10 March 2026, it completed the acquisition of Cygnum Holdings Limited on 31 March 2026.

Cygnum is a leading made-to-order supplier of offsite timber frame solutions to developers and contractors in the Irish market.

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

“We are very pleased to have completed the acquisition of Cygnum, and we look forward to working with the management team and our new colleagues.  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.”

Share on:

Latest Company News

Grafton Group to outline medium-term growth ambitions at investor event

Grafton will brief analysts and investors on its strategy, medium-term growth ambitions and financial framework at a London event today.

Grafton Group reports resilient start to 2026

Grafton says revenue rose 3.2% to £830.1m in the first four months, with acquisitions helping offset weaker trading in Great Britain.

Grafton Group completes acquisition of Cygnum

Grafton Group plc has completed its acquisition of Cygnum Holdings Limited, expanding its exposure to Ireland’s new-build market and broadening support for customers in offsite timber frame construction.

Grafton Group agrees deal to acquire Cygnum in Ireland

Grafton Group has agreed to acquire Irish offsite timber frame supplier Cygnum Holdings, strengthening Chadwicks Group’s offering and expanding its exposure to Ireland’s growing modular housing market.

Grafton Group Announces New Share Buyback Programme

Grafton Group plc has announced the launch of a new share buyback programme. The initiative authorises the company to repurchase ordinary shares in the market as part of its capital allocation strategy and commitment to returning value to shareholders.

Grafton Group lifts H1 profit, raises dividend and starts £25m buyback

Grafton reported a 9.5% rise in adjusted operating profit to £91.0m for the half year to 30 June 2025, with gross margin up 60bps and EPS up 6.5% to 35.5p. Net cash stood at £245.8m, the interim dividend rises 2.4% to 10.75p, and a £25m share buyback will begin, with full year profit expected to be broadly in line with consensus.

    Search