Grafton Group Expands in Spain with Acquisition of Salvador Escoda

Deal News | Dec 04, 2024 | Oaklins Cavendish

Grafton Group Expands in Spain with Acquisition of Salvador Escoda

In a strategic move to bolster its position in the Spanish building materials sector, Grafton Group plc, a major international distributor and retail supplier of building materials, has successfully acquired Salvador Escoda, S.A., a firm renowned for its leadership in ventilation and air conditioning products. This acquisition aligns with Grafton’s strategy to exploit long-term growth opportunities in Spain's fragmented distribution markets. Headquartered in Dublin and listed on the London Stock Exchange, Grafton Group has a firm presence across Ireland, the UK, the Netherlands, Spain, and Finland. The deal was advised by Oaklins Cavendish, underscoring their expertise in executing cross-border transactions in key growth sectors.

Sectors

  • Building Materials
  • Mergers and Acquisitions Advisory

Geography

  • Spain – Spain is the primary focus for this acquisition as Salvador Escoda operates in this market, and the strategic opportunity is based on the growth potential within the Spanish economy.
  • Ireland – Ireland is relevant as the headquarters location for Grafton Group plc, the acquiring company.

Industry

  • Building Materials – This industry is relevant as Grafton Group and Salvador Escoda operate within the building materials and construction sector, dealing with products like ventilation, air conditioning, and DIY retail.
  • Mergers and Acquisitions Advisory – Relevant due to Oaklins Cavendish's role in advising Grafton Group on the acquisition deal, highlighting M&A advisory as a critical industry focus.

Financials

    Participants

    NameRoleTypeDescription
    Grafton Group plcAcquiring CompanyCompanyAn international building materials distributor and DIY retailer, headquartered in Dublin and listed on the London Stock Exchange.
    Salvador Escoda, S.A.Target CompanyCompanyA leading company in the ventilation and air conditioning market in Spain.
    Oaklins CavendishAdvisorCompanyAn advisory firm that acted as the advisor for Grafton Group on this cross-border acquisition.