Lords Group Trading PLC Acquires CMO Group Limited

The latest update is out from Lords Group Trading PLC ( (GB:LORD) ).

Lords Group Trading PLC has acquired the trade and assets of CMO Group Limited, the UK’s largest online-only retailer of construction products, following a pre-pack administration process. This acquisition combines Lords’ infrastructure and merchanting expertise with CMO’s digital-first model, enhancing Lords’ market position and digital capabilities. The move aims to ensure business continuity and preserve employment, while integrating CMO’s established digital platform and customer reach into Lords’ operations.

The most recent analyst rating on (GB:LORD) stock is a Buy with a £0.80 price target. To see the full list of analyst forecasts on Lords Group Trading PLC stock, see the GB:LORD Stock Forecast page.

More about Lords Group Trading PLC

Lords Group Trading PLC is one of the UK’s largest specialist distributors of building materials, focusing on growth, diversification, and digital innovation in the construction materials distribution sector.

Average Trading Volume: 57,979

Technical Sentiment Signal: Hold

Current Market Cap: £57.34M

For detailed information about LORD stock, go to TipRanks’ Stock Analysis page.