Home / News / Wolseley for sale?

Wolseley for sale?

Shares in Wolseley have risen by more than 2% today amid speculation that an interested party may have approached the chain about a potential takeover.

Wolseley for sale?

There are currently very few details and the national merchant chain Wolseley has declined to comment.

One city insider has cited US home improvement mega-retailer Home Depot as potentially being in the frame. However, it’s a name that consistently crops up in connection with speculation about UK companies being sold, and has yet to make any investment in the UK.

The speculation follows a weakening financial performance from the chain which reported a further dip in its April figures.

BuildersMerchantsJournal.net will bring you more as and when it happens.

About Fiona Russell-Horne

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

Check Also

James Burrell goes on recruitment path

Independent builders merchant, James Burrell is recruiting, despite the challenges laid down by the three …