Wolseley UK signs deal for Ideal Bathrooms

Wolseley UK has announced a formal exchange of contracts with Saint-Gobain for the acquisition of Ideal Bathrooms.

18 Feb, 22

Merchant group Wolseley UK has announced a formal exchange of contracts with Saint-Gobain for the acquisition of Ideal Bathrooms.

Ideal Bathrooms resumes trading

It follows on from the acquisition of Neville Lumb, DHS and Bassetts, who were also owned by Saint-Gobain, and statement it was in exclusive negotiations to buy Ideal Bathrooms.

The deal will see nearly two hundred people move across from Saint-Gobain to Wolseley UK.

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As with the previous acquisitions, Wolseley states it will be a seamless transition, with the business operating as normal, and there will be no change for customers.

CEO at Wolseley Simon Oakland commented: “The exchange of contracts with Saint-Gobain for the acquisition of Ideal Bathrooms is very exciting news for Wolseley, our customers and employees.

“Growing our business is central to Wolseley UK’s strategy as we continue to build on our ability to provide local, personal service and expertise to our customers each and every day.”

Wolseley is a leading specialist provider of plumbing, heating, cooling, and utility products to trade customers.

It trades under a number of UK brands including Wolseley Plumb and Parts, Wolseley Pipe, Wolseley Climate, Jointing Tech, Burdens, and Fusion Utilities.

Wolseley UK has over 540 branches across the UK all of which are supported by a single national distribution network.

 

 

 

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