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Lords Group Trading Consolidates 100% Stake in Two Subsidiaries

MT Newswires·11/10/2026 03:51:33
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03:51 AM EST, 11/10/2026 (MT Newswires) -- Lords Group Trading (LORD.L) purchased the remaining 6.4% ownership interest in its existing subsidiaries DH&P HRP Holdings and DH&P Trade Counters Holdings for 1.1 million pounds sterling in cash. The British building materials, plumbing, and heating goods distributor previously acquired a 90% interest in the subsidiaries in April 2022 and a 3.6% shareholding in early 2026, according to a Tuesday release. The transaction was funded from existing resources.