Wolseley Buys Nordic Building Products Distributor for $2.48B
Wolseley has agreed to acquire DT Group, a distributor of building materials with operations in Denmark, Finland, Sweden and Norway, from CVC Capital Partners for 1.498 billion euros, or $2.48 billion, including the assumption of net debt. The acquisition will be financed using debt. About 80% of DT Group’s sales are through builders’ merchants to trade professionals, […]
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