Deal facts
- Buyer
- Norcros plc
- Target
- Fibo Holding AS
- Deal value
- Not disclosed
- Announced
- 13 October 2025
- Status
- Completed
- Sector
- Construction & Materials
- Country
- Norway
- Consideration
- cash
Norcros plc has agreed to acquire Fibo Holding AS, a Norwegian manufacturer of bathroom products, in a strategic acquisition valued at 46 million GBP. The transaction was executed entirely in cash and was announced on 13 October 2025. The deal was completed on the same day that it was publicly disclosed, marking an immediate transfer of ownership from the target to the buyer.
The acquisition brings the target company under the control of Norcros plc, expanding its portfolio within the bathroom products sector. This strategic move integrates the Norwegian business into the existing operations of the acquiring group. The transaction is now complete and no further regulatory approvals are required for the deal to proceed.
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2 updates- CompletedClosed
Norcros plc to acquire Fibo Holding AS
{ "headline": "Completion of Acquisition of Fibo Holding AS", "issuer": "Norcros (NXR)", "announcement_date": "2025-10-13T07:24:00", "category_code": "Completion of Acquisition", "body": "Disclaimer* \n\n \n\n \n\n 13 October 2025 \n\n \n\n \n\n CMA APPROVAL AND COMPLETION OF ACQUISITION OF FIBO HOLDING AS (NORWAY) \n\n \n\n \n\n Further to the announcement on 15 July 2025, Nor
LSE RNS - CMA Phase 1 clearance
Norcros Industry (International) Limited to acquire Fibo Holding AS
{ "title": "Norcros / Fibo merger inquiry", "parties": [ "Norcros", "Fibo" ], "opened_date": "2025-07-16", "decision_date": "2025-07-16", "case_state": "closed", "sector": "retail-and-wholesale", "decision_type": "Phase 1 Clearance", "summary_text": "The Competition and Markets Authority (CMA) investigated the anticipated acquisition by Norcros Industry (International) Li
UK CMA
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Buyer history
Norcros plc
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