TG Lynes Limited has been acquired by Grafton Group plc
February 2015 — The shareholders of TG Lynes Limited have sold the company, a leading distributor of mechanical engineering products for use in commercial and public sector buildings, apartments and industrial processes to Grafton Group plc. Financial details have not been disclosed.
TG Lynes has a long established and strong position in the mechanical services market in London and the South East region and trades from a purpose built distribution facility in Enfield, North London.
Grafton Group plc is a predominantly UK and Ireland-based building materials group with nearly 600 branches and a turnover of over US$3 billion. The acquisition greatly enhances the group's coverage of this segment of the merchanting market and is a significant step forward that complements development of the Plumbase Industrial business.
Our role in the transaction
Oaklins Smith & Williamson, based in the UK, advised the seller in this transaction.
Talk to the deal team
Related deals
JP Chick & Partners has been acquired by Qflow
J P Chick & Partners Ltd. has been acquired by Qflow Group AB, strengthening Qflow’s presence in the UK. With nearly 40 years of experience, an established presence in the East of England and broad expertise in structural, civil and environmental engineering, J P Chick complements the capabilities of Qflow’s existing UK businesses. The acquisition further expands Qflow’s UK operations and strengthens its multidisciplinary engineering offering.
Learn moreContrinex has joined Nordson
Contrinex S.A., a Swiss technology leader in high-performance sensors for factory automation, has been acquired by Nordson Corporation, a US-based precision technology company. Contrinex will become part of Nordson’s Advanced Technology Solutions segment. The acquisition complements Nordson’s test and inspection portfolio with expertise in sensing technologies for harsh environments and miniature precision positioning, expanding its capabilities in factory automation and control. Contrinex will benefit from Nordson’s global sales infrastructure and continued investment in bringing its technologies to more customers worldwide.
Learn moreDe Groot Installatiegroep has acquired a stake in Pesch Electrotechniek
De Groot Installatiegroep has acquired a stake in Pesch Electrotechniek, a specialist in industrial electrical installations and electrical engineering services based in Rozenburg, the Netherlands. Through the acquisition of Pesch, De Groot Installatiegroep enters the industrial electrical installation market and establishes a presence in the Rotterdam port region. For Pesch, the partnership provides access to the resources, capabilities and broader technical expertise of a larger installation group, while allowing the company to build on its existing customer relationships and specialist market position.
Learn more