LONDON, UK: Norcros plc, a market-leading designer and supplier of high quality bathroom and kitchen products in the UK, Europe and South African markets, announced that following a strategic review, it has entered into an agreement to sell Johnson Tiles UK to its existing management team. Johnson Tiles UK, based in Stoke-on-Trent UK, designs, manufactures…
Tag: Norcros Plc
Norcros Plc agrees to acquire Granfit Westfield for upto £92 million
LONDON, UK: Norcros Plc, a market leading supplier of high quality and innovative bathroom and kitchen products, has conditionally agreed to acquire Granfit Westfield for an enterprise value of £80 million with an additional potential earnout of up to £12 million based on certain performance criteria. Grant Westfield is a market leading designer, manufacturer and…