Consolidation trend Nov 2006 · Europe and North America Verified
Wolseley reports aggressive bolt-on acquisition strategy
Wolseley completed 16 bolt-on acquisitions in Europe and North America for £221 million, signaling continued consolidation in trade distribution.
“Since the beginning of the financial year on 1 August 2006, a total of sixteen bolt on acquisitions in Europe and North America have been completed for an aggregate consideration of approximately 221 million.”
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HVACPlumbing Sentiment: Positive
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