CD&R to acquire Wolseley UK from Ferguson plc in £308M carve-out

Private equity firm Clayton, Dubilier & Rice agreed to acquire Wolseley UK, a plumbing, heating and climate-control distributor, from Ferguson plc in a carve-out for net consideration of £308 million ($420 million), making Wolseley an independent company owned by CD&R funds.

“Through a carve-out transaction for a net consideration of £308 million ($420 million), Wolseley will become an independent company wholly owned by CD&R funds and management.”

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