Bathroom specialist secures approval for South African acquisition
Listed 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.
Now that approval has been secured, the transaction is expected to complete on April 1.
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