Home / News / Five more acquisitions for Wolseley

Five more acquisitions for Wolseley

Wolseley announced five bolt-on acquisitions last week for combined consideration of £84 million.
Four of the acquisitions are in the US (Architectural Building Supply Company, assets from Jacobi Hardware, KBC Construction, JD’s Wholesale Plumbing and Supply) and French company Sofiparts SAS.

A statement issued by the company states they expect that “in a full year, these bolt-on acquisitions are expected to add approximately £109 million to total revenue.”

About Fiona Russell-Horne

Fiona Russell-Horne
Group Managing Editor across the BMJ portfolio.

Check Also

Government to pay £5,000 subsidy to boost heat pump take-up

Grants of £5,000 will be available  from next April to homeowners who wish to swap their …