Norcros plc Acquires Vado.

Norcros has bought Eurobath, which trades as Vado

Chief executive Nick Kelsall said: “This transaction represents the first step in our enhanced growth strategy of making selective and complementary acquisitions which have the capability of improving profitability as well as broadening our brand portfolio, product offering and distribution channels.

“I have been impressed with the commitment and passion of Vado’s management and employees and am confident that they and the business will continue to thrive under Norcros ownership.”

Vado, which has 144 staff, is a manufacturer and global distributor of bathroom controls including taps, mixer showers, bathroom accessories and valves.

It supplies residential, commercial, hotel, and leisure developments and refurbishments throughout the world, as well as selling to high-end boutique retailers.

Exports make up around 45 per cent of its revenues, with strong markets in the Middle East and Africa.