ACHRNEWS

June 3, 2004: Wolseley Announces Several Acquisitions

June 3, 2004
CINCINNATI - Wolseley plc, one of the world's largest distributors of plumbing, heating, and building materials products, has announced several recent acquisitions, both in North America and Europe.

In March 2004, Wolseley Canada acquired Salles de Bain du Coteau Inc., a luxury bath showroom selling plumbing products primarily to contractors and customers in Terrebonne, Quebec.

In May 2004, Wolseley Canada acquired Murray Industrial Ltd., a supplier of industrial supplies based in St. John's, Newfoundland. Operating from three branches, Murray Industrial will provide a platform for Wolseley Canada to further develop its business in PVF, engineered pipe, plumbing, and HVACR in Newfoundland, says the company.

Also in May 2004, Wolseley's Stock Building Supply operation acquired Bellevue Builders Supply of Albany/Schenectady, N.Y. Bellevue operates 7 branches, a distribution center, a truss manufacturing center, a kitchen warehouse, and a manufacturing center that specializes in doors, stairs, worktops, and wall panels.

In addition, in May 2004, Wolseley's PBM unit in France acquired Quercy Negoce, a single branch building materials distributor based in the north of France.

Publication date: 05/31/2004