- Grafton Group said it had completed the acquisition of Netherlands-based Polvo, a distributor of ironmongery, tools, fixings and related products.

The deal, completed on 1 July 2019, was first announced on 11 April.

'The acquisition of Polvo, a unique opportunity to acquire a leading business and brand, complements our established Isero business in the Netherlands and consolidates its market leadership position in this segment of the merchanting market where it now trades from 113 branches,' the company said.

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