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Consolidation trend Jan 2007

Wolseley frames bolt-on acquisitions as core double-digit growth strategy

Wolseley's group chief executive characterized making bolt-on acquisitions as an important part of delivering double-digit growth, noting the acquisition pipeline for the year remained strong.

“Making bolt-on acquisitions is an important part of delivering double-digit growth and the pipeline for the year remains strong.”

Entities

Wolseley plc · Acquirer
Plumbing

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.