It appears the CEO has chosen to disclose and drop hints via select low-key news media interviews.
If they sell the aluminium business, looks like they might be positioning for quite a large purchase.
The proceeds from the aluminium sale together with accumulated cash should give them the capability to make a sizeable acquisition.
Possibilities in the complementary bathroom/kitchen/laundry fixtures and fittings space to investigate might include Reece or some of the GWA Group brands. These businesses have extensive national distribution networks.
If they decide to make a large cash acquisition, the key is to buy a profitable business at the RIGHT PRICE.
DYOR
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