Plumbing supplies firm splashes out £12.5m on South African business
Plumbing firm Norcros has announced it is to buy a business in South Africa for £12m.
The Cheshire firm has announced it is to acquire RAP Plumbing Supplies Proprietary Limited.
Norcros specialises in high quality bathroom and kitchen products and has been expanding in recent years.
The firm has entered into a conditional agreement to acquire 100% of the share capital of RAP Plumbing Supplies which trades as House of Plumbing.
RAP is a private company owned by its directors, a number of other employees and private investo... For the full story register now for free or login below...