Wolseley completed the acquisition of a majority stake in C.P. Hart.

Wolseley, a building materials supplier, completed the acquisition of a majority stake in C.P. Hart, a premium bathroom company. Financial terms were not disclosed. “At Wolseley, we’ve known and admired C.P. Hart for a long time and we see this move as a valuable addition to our growing bathroom business. This acquisition takes us into the premium bathroom sector across both retail and commercial customers and we will work closely with the existing management team to capitalise on this opportunity including providing further investment to the C.P. Hart business,” Simon Oakland, Wolseley CEO.