Our history

Focused on showers, shower enclosures, trays, taps, bathroom accessories, tiles and adhesives.

Overview

Norcros plc floated on the London Stock Exchange on 16 July 2007. The Group had previously been listed on the LSE until 1999, when it was subject to a management buyout. Until that point the Group had a number of subsidiary undertakings in the home consumer products and speciality chemicals sectors. During its period as a private company (1999–2007), the Group focused on its home consumer products following a number of strategic disposals and investment in its remaining businesses. The result was to form the shape of the business as it is today. The Board decided to return to the stock market in 2007 to provide access to new capital to fund further growth in its now clearly defined markets.

November 2017

Acquisition of Merlyn, the UK and Ireland’s No 1 supplier of shower enclosures and trays

March 2016

Acquisition of Abode, a leading UK business which designs, markets and distributes kitchen taps, sinks, bathroom brassware and showering solutions

June 2015

Acquisition of Croydex, our market leading manufacturer and distributor of high quality bathroom furnishings and accessories

May 2014

Disposal of Johnson Tiles Australia

March 2013

Acquisition of Vado, our leading manufacturer of taps, mixer showers, bathroom accessories and valves

June 2010

Disposal of investment in Beaumont Tiles Australia

December 2009

Capital raising of £27.7m to pay down expensive debt

July 2008

Disposal of investment in H&R Johnson India

July 2007

Relisting of the Group on the London Stock Exchange

March to May 2007

Acquired 14 freehold properties in South Africa relating to its retail operations under an option agreement plus two long leaseholds

August 2005

Re-entered the UK tile adhesive market with the Norcros and Johnson Professional range of products

June 2005

Sale of Autotype (speciality chemicals business)

December 2004

Acquisition of Tile Africa, our leading South African tile retail business

2004

Completed restructuring of Johnson Tiles manufacturing operations in the UK from four sites to a single state-of-the-art site in Stoke-on-Trent

November 2001

Sold UK and Australian adhesive businesses to Ardex