Grafton group ‘open to deals’

Irish building materials group, Grafton, has said it is open to making acquisitions this year, but only at the right value.

Speaking after the publication of a solid set of first-half figures, chief executive Gavin Slark said the group has a “substantial” war-chest available and could easily add to its growth-orientated operations in Britain and Belgium if the right opportunity presented itself.

“I can’t think of a single deal we wouldn’t be able to do if it represented good value. We’re willing to invest in the business,” he said.