Wolseley plc, global distributor of plumbing and heating products and a supplier of building materials, announced five bolt-on acquisitions for £33 million (US$66.5 million at current exchange rates).
In a full year, these bolt-on acquisitions are expected to add £45 million (US$90.7 million) to total revenue.
Since Aug. 1, 2007, the start of Wolseley’s financial year, a total of 15 bolt-on acquisitions in Europe and North America have been completed for £203 million. These 15 acquisitions are expected to add £263 million (US$530 million) to Group revenue in a full year.
North America
Ferguson has acquired C.B. Group, Inc. trading as JC Plumbing Supply. JC Plumbing is a distributor operating from two facilities in …
Ferguson, Stock Building Supply Make Acquisitions
Wolseley plc, global distributor of plumbing and heating products and a supplier of building materials, announced five bolt-on acquisitions for £33 million (US$66.5 million at current exchange rates).
In a full year, these bolt-on acquisitions are expected to add £45 million (US$90.7 million) to total revenue.
Since Aug. 1, 2007, the start of Wolseley’s financial year, a total of 15 bolt-on acquisitions in Europe and North America have been completed for £203 million. These 15 acquisitions are expected to add £263 million (US$530 million) to Group revenue in a full year.
North America
Ferguson has acquired C.B. Group, Inc. trading as JC Plumbing Supply. JC Plumbing is a distributor operating from two facilities in …
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