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Announced

Completed

Wolseley UK completed the acquisition of Neville Lumb.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

Domestic

Completed

Friendly

United Kingdom

Private

Acquisition

Bathroom supply

Household Equipment and Products

Synopsis

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Wolseley UK, a supplier of building materials, completed the acquisition of Neville Lumb, a bathroom supplier. Financial terms were not disclosed. “Business acquisition is a key aspect of our ambitious growth strategy. The deal with Saint-Gobain to acquire Neville Lumb, DHS and Bassetts will strengthen our ability to provide the local, personal service and expertise for which we’re renowned," Keith Dorling, Wolseley Managing Director.

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