Norcros: ahead of tomorrow’s Trading Update the shares, now 282p, look great value

Following the news from Norcros (LON:NXR) that it had received clearance from the UK Competition and Markets Authority, the group this week has completed the £46m acquisition of Fibo Holdings, a major wall panel supplier in Norway. 
That deal adds another market-leading brand into the group, that is the number one bathroom products business in the UK and Ireland, helping to create a leading presence in waterproof wall coverings markets across the UK&I, Scandinavia and Central Europe.  
Waterproof decorative wall panels are an attractive, high-growth market segment and the ac...

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