Ferguson Buys United Automatic Heating Supply
>UK-based Wolseley plc, distributor of plumbing and heating products to professional contractors and a supplier of building materials, announced three acquisitions for an aggregate consideration of ﾣ22 million. In a full year, these acquisitions are expected to add about ﾣ30 million (about $57 million) in additional revenue.
>Since the beginning of the financial year on 1 August 2006, a total of six businesses in Europe and North America have been acquired for an aggregate consideration of about ﾣ49 million ($93 million). These six acquisitions are expected to add approximately ﾣ91 million to Group revenue in a full year. Goodwill and intangible assets related to these acquisitions is estimated to be around ﾣ29 million. These totals do not include the acquisition ...