Bathroom specialist lands approval for £12.1m South African acquisition

Norcros
Cheshire based bathroom specialist Norcros has secured approval from The Competition Commission of South Africa for its latest acquisition. The supplier of branded showers, taps, bathroom accessories, tiles and adhesives, which operates under several brands including Triton and Johnson Tiles, announced in January its proposed acquisition of South African based RAP Plumbing Supplies (Proprietary), trading as House of Plumbing for £12.1m. Now that approval has been secured, the transaction is expected to complete on April 1. H... For the full story register now for free or login below...
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