Grafton Group agrees to buy Dublin-based Proline

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Grafton Group PLC (LON:GFTU) has agreed to acquire Proline Architectural Hardware, a door furniture specialist based in Dublin.

Proline, which works on residential public sector and commercial projects, reported revenue of €10.8mln (£9.8mln) in 2019. No purchase price was disclosed. 

In a statement, Gavin Slark, the FTSE 250-listed firm’s chief executive, said: “Proline will bring specialist expertise to Grafton in the architectural ironmongery distribution segment in Ireland.

 “It will also enable us to offer a broader range of products and services and to extend our customer base in this segment of the market.” 

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