Wolseley announces acquisitions in United States, France and Norway
United Kingdom-based building products giant Wolseley has announced acquisitions of a handful of building products distributors in the United States and abroad.
Wolseley’s U.S. division, Stock Building Supply, has acquired Hollow Metal Specialists, a maker, distributor and installer of doors, hardware and access control devices, based in Sarasota, Fla. Hollow Metal Specialists had revenue of $15.4 million in 2006.
Wolseley France acquired Etablissements Lebrun, a general builder’s merchant with one location southeast of Paris. Etablissements Lebrun had revenue of euro 2.8 million (US$3.8 million).
Wolseley’s Denmark-based DT Group acquired Norway-based H.R. Sandvold. Sandvold is a plumbing wholesaler and in recent years has extended its product range into kitchens, bathrooms and bathroom accessories. H.R. Sandvold had revenue of NOK58.5 million (US$9.9 million) last year.
Wolseley had 2006 sales of more than $25 billion. Raleigh, N.C.-based Stock Building Supply now operates 321 locations in 34 states, with reported sales of $5.3 billion in 2006.