>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 million). > >Ferguson has also acquired Northern Water Works Supply Inc. NWWS is the largest independent wholesaler of waterworks products in the states of Minnesota, North Dakota, South Dakota, Iowa, Western Wisconsin and Northern Illinois. In 2005, NWWS had revenue of $91.2 million (ﾣ48.5 million) and gross assets of $20.1 million (ﾣ10.7 million). > >Europe> >Wolseley UK has acquired Murdock ECD Limited and Murdock Haworth Limited from Murdock Group Limited. Murdock consists of three builders merchant branches in northwest England. In 2005, Murdock had revenue of ﾣ7.1 million and gross assets of ﾣ0.7 million. > >DT Group has acquired Helatukku Finland Oy. Helatukku, in Western Finland, imports, markets and distributes items mainly for the kitchen cabinet manufacturing industry. In 2005, Helatukku had revenue of ﾀ6.3 million (ﾣ4.2 million) and gross assets of ﾀ3.0 million (ﾣ2.0 million).
(Graphic above taken from Wolseley press release; exchange rate ﾣ1=$1.88.)