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Low and Bonar buys Xeroflor

Low & Bonar expands it presence in green roofing with the purchase of German specialist Xeroflor
March 5, 2012

Low & Bonar has bought Xeroflor, a German company specialising in the fast-growing green roofing market, for €5.95m (£5m) in cash.

IC TIP: Buy at 62p

Low & Bonar already sells a range of components to the green roofing market through its Colbund business, and the acquisition will improve the group's access to an expanding niche market.