Wolseley spends $156.6M on eight distribution acquisitions since August

Wolseley plc completed eight distribution business acquisitions across Europe and North America since Aug. 1, spending $156.6 million in cash and expecting to add about $306 million in annual sales.

“Wolseley plc, Reading, England, said it has spent $156.6 million (U.S.) in cash on the acquisition of eight distribution businesses in Europe and North America since Aug. 1. The eight completed acquisitions are expected to add about $306 million (U.S.) to the company's sales in a full year.”

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