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Wolseley: Four More Acquisitions

October 10, 2006

>UK-based Wolseley plc, parent to Ferguson and Stock Building Supply, and global distributor of plumbing and heating products and building materials, has made four more bolt-on acquisitions, expected to add about $278.24 million (ᆪ148 million) in additional revenue.


>
North America


>Ferguson> has acquired Lawrence Plumbing Supply Co. and Castle Supply Company Inc. and Castle North Corporation (Castle Group). Castle Group is a distributor of plumbing products with 27 locations in Florida. This acquisition will complement Wolseley's presence in Florida's commercial plumbing market. In 2005, Castle Group had revenue of $165.3 million (ᆪ87.9 million) and gross assets of $28.4 million (ᆪ15.1 ...
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>UK-based Wolseley plc, parent to Ferguson and Stock Building Supply, and global distributor of plumbing and heating products and building materials, has made four more bolt-on acquisitions, expected to add about $278.24 million (ᆪ148 million) in additional revenue.


>
North America


>Ferguson> has acquired Lawrence Plumbing Supply Co. and Castle Supply Company Inc. and Castle North Corporation (Castle Group). Castle Group is a distributor of plumbing products with 27 locations in Florida. This acquisition will complement Wolseley's presence in Florida's commercial plumbing market. In 2005, Castle Group had revenue of $165.3 million (ᆪ87.9 million) and gross assets of $28.4 million (ᆪ15.1 ...






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