BDO has advised the shareholders of StairBox Limited on the sale to Grafton Group plc. StairBox is a leading manufacturer and distributor of bespoke wooden staircases and has experienced significant growth in recent years.
Success has been driven by the heritage of quality workmanship and future-focused investment including the development of pioneering software to enable customers to easily and accurately design, visualise and price staircases online, coupled with a leading automated off-site manufacturing operation.
Grafton Group is a listed building materials distributor and DIY retailer and the combination with StairBox could unlock international expansion for Stairbox, as Grafton Group’s footprint extends to Ireland and the Netherlands.
“Sincere thanks for an amazing job – for all the support, guidance, and talent in steering us through the preparation and complexities of an M&A deal. It’s been an absolute pleasure working with you. Anyone thinking about selling their business should talk to BDO – they’ll get a first class service from people who really care about finding the right buyer for the business and getting the best price. Fantastic job, thanks again”.
Alex Hancock, CEO and Shareholder, StairBox