Grafton Group acquires Spanish AC distributor Mercaluz

Dublin-based Grafton Group acquired Spanish air conditioning distributor Mercaluz for up to €175m (anticipated ~€165m), continuing its consolidation of the Iberian HVAC distribution market after acquiring Salvador Escoda in 2024.

“IRELAND: Grafton Group, the Dublin-based construction product distributor, has acquired Spanish air conditioning distributor Mercaluz.”

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