Norcros, a market leading supplier of high quality and innovative bathroom and kitchen products is pleased to advise that, further to its announcement on 16 January 2019 of the proposed acquisition of South African based RAP Plumbing Supplies (Proprietary) Limited, trading as House of Plumbing (“House of Plumbing”), it has obtained unconditional approval from The Competition Commission of South Africa and that the transaction is expected to complete on 1 April 2019.
House of Plumbing is a market leading supplier of specialist plumbing materials focused on the specification and commercial segments of the market supplying plumbing contractors, maintenance plumbers and the public. The business operates from three branches in South Africa located in Johannesburg (which is also where the head office is based), Pretoria and Lephalale.
The business employs 102 people and has an experienced management team led by Managing Director Robin Roberson, all of whom will be staying with the business.
Commenting on the news, Nick Kelsall, Group Chief Executive, said “I am delighted that we have been granted timely and unconditional approval by the Competition authorities and can now complete the acquisition of House of Plumbing. The business complements the Group’s strong positions and enhances our product offer to the important commercial and specification segments of the South African market where we have been successfully building our business. I look forward to working with Robin and his team to further develop and grow the business.”