Clayton, Dubilier & Rice completed the acquisition of Wolseley UK from Ferguson for $421m.

Clayton, Dubilier & Rice completed the acquisition of Wolseley UK, a distributor of plumbing, heating, climate control, pipe and infrastructure & utility products in the UK, from Ferguson, a plumbing supplies seller, for $421m. "We believe that Wolseley, as a freestanding enterprise, can accelerate growth, enhance customer service, and create rewarding career opportunities for our colleagues," Simon Oakland, Wolseley CEO.