Saint-Gobain, owner of Graham Plumbers Merchant, has announced the sale of the company and its assets to UK Plumbing Supplies and Wolseley.
The majority of the Graham outlets, as well as the Graham brand name and website name will be divested to UK Plumbing Supplies, and a smaller number of branches will be divested to Wolseley. The transactions are expected to be completed over the coming weeks and said to be part of Saint Gobain’s continued portfolio optimisation strategy to enhance the Group’s growth and profitability profile.
With about 130 outlets and 840 employees, Graham Plumbers Merchant generated a turnover of approximately £220 million in 2020.
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