Archive News
Wolseley to delist from New York Stock Exchange, deregister from the Securities and Exchange Commission and move from full listing to Level I ADR
Wolseley plc (the “Company”), the world’s largest specialist trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials, today announces its intent to delist its American Depositary Receipts (“ADRs”) and deregister the Company from the New York Stock Exchange (“NYSE”) and terminate its reporting obligations under the Securities Exchange Act of 1934 (the “Exchange Act”).
News from around Wolseley
Business expansion plans based on a dual location strategy have been announced for Wolseley's Encon, the UK's leading distributor of insulation, drywall and related products and Nevill Long,a ceiling systems specialist distributor .
Interim Management Statement
Wolseley plc, the world’s largest specialist trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials, is today issuing its first Interim Management Statement to coincide with its Annual General Meeting at noon today, at Haberdasher's Hall, 18 West Smithfield, London, EC1A 9HQ.
Acquisitions Update - £84 million spent on five acquisitions
Wolseley plc, the world's largest specialist trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials, announced today five bolt-on acquisitions for an aggregate consideration of £84 million.
Wolseley helps Antarctic research team stay out of the cold
Encon, a leading distributor of insulation and one of Wolseley UK's specialist businesses, has secured a £35,000 contract to provide thermal products for a new scientific research station in Antarctica.
Preliminary Results for the Year Ended 31 July 2007
Results demonstrate the benefits of the Group’s diversity and its ability to react swiftly to the challenging US housing market, the weaker dollar and price deflation in lumber and panels.
Wolseley helps save lives at sea
Wolseley UK has formally presented a new lifeboat to the Royal National Lifeboat Institution
£87 million spent on five acquisitions including Ferguson’s first entry into New York City
Wolseley plc, the world’s largest specialist trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials, announced today five bolt on acquisitions for an aggregate consideration of £87 million. In a full year, these bolt-on acquisitions are expected to add approximately £110 million to total revenue. Goodwill and intangible assets related to these acquisitions is estimated to be around £52 million.
£9 million spent on two acquisitions makes year-end total £383 million
Wolseley plc has announced two further bolt on acquisitions for an aggregate consideration of £9 million. In a full year, these bolt on acquisitions are expected to add approximately £14 million to total revenue.
Wolseley plc Pre-Close Period Trading Statement for 11 months to 30 June 2007
Wolseley plc, the world's largest specialist trade distributor of plumbing andheating products to professional contractors and a leading supplier of building
materials, issues its regular trading statement for the 11 months to 30 June
2007, prior to entering its close period.
£15 million spent on five acquisitions
Wolseley announced today five further bolt on acquisitions for an aggregate consideration of £15 million. In a full year, these bolt on acquisitions are expected to add approximately £28 million to total revenue.Work Begins on UK Showcase for Sustainable Building Products
Work has begun on a national showcase for sustainable building products and construction methods, which is being built for Wolseley UK, the UK’s leading distributor of construction materials.Wolseley UK forms partnership with Wakefield
Wakefield and District Housing (WDH) has announced that Wolseley UK, the country’s largest distributor of construction products and materials, has been selected to supply it with all construction and maintenance materials – a deal worth approximately £6 million per year for up to five years.Ferguson No. 1 in the Premier 150
The top spot in Supply House Times’ (the leading US industry trade publication) Premier 150 companies, has once again been awarded to Ferguson, a position it has occupied since 2002.Directorate Change
Fenton Hord, who is responsible for the Company's USbuilding materials business, will retire from the Board on 31 July 2007.
Wolseley Ranked 35th in BusinessWeek European Top 50
Wolseley has been ranked number 35 in this year’s ‘European BusinessWeek 50’, the annual ranking of the region’s best performers.
Wolseley to Support British Gymnastics
Wolseley UK has announced details of an exciting partnership with British Gymnastics, as part of the FTSE- British Olympic Association initiative.News from around Wolseley
Interim Results for the half year ended 31 January 2007
Wolseley France means business
The reorganisation sees Wolseley France now structured into three separate divisions.
£13 million spent on four acquisitions taking total for bolt on acquisitions for the year to date to £342 million
Wolseley announced today four further bolt on acquisitions for an aggregate consideration of £13 million. In a full year, these bolt on acquisitions are expected to add approximately £29 million to total revenue.Pre-Close Period Trading Statement for five months to 31 December 2006
Wolseley plc, the world’s largest specialist trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials, issues its regular trading statement for the five months to 31 December 2006, prior to entering its close period. The interim results for the six months ending 31 January 2007 are due to be announced on 19 March 2007.£66 million spent on four acquisitions taking total for bolt on acquisitions for the year to date to £328 million
Wolseley plc, the world’s largest specialist trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials, announced today four further bolt on acquisitions for an aggregate consideration of £66 million.Wolseley Opens Strategic Investment Centrepiece in the UK
A giant distribution centre destined to transform the expectations of customers has been formally opened in the UK Midlands by Wolseley Chief Executive, Chip Hornsby.£27 Million spent on six acquisitions, taking total so far for year to £262m
Wolseley plc, the world’s largest specialist trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials, announced today six further bolt on acquisitions for an aggregate consideration of £27 million. In a full year, these bolt on acquisitions are expected to add approximately £57 million in additional revenue.Wolseley scoops Most Admired Company award
Wolseley has won the Building Material & Merchants award in Britain’s Most Admired Companies Awards 2006, run by the UK's top business magazine Management Today.AGM Statement and Acquistions Update
Wolseley plc, the world’s largest specialist trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials, is issuing its usual update on current trading conditions in relation to holding its Annual General Meeting at noon today, at Haberdasher's Hall, 18 West Smithfield,
£61 million spent on six bolt on acquisitions.
Wolseley plc, the world’s largest specialist trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials, announced today six further bolt on acquisitions for an aggregate consideration of £61 million. In a full year, these bolt on acquisitions are expected to add approximately £102 million in additional revenue.
Acquisitions update
Wolseley plc, the world’s largest specialist trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials, announced today four further bolt on acquisitions for an aggregate consideration of £111 million. In a full year, these bolt on acquisitions are expected to add approximately £148 million in additional revenue.Wolseley to build a national showcase for sustainable building products.
Wolseley UK, the country’s leading distributor of construction materials, has unveiled plans to develop a national showcase for sustainable building products and construction methods.The 'Wolseley Way' - Our formula for success.
Chief Executive Chip Hornsby described to analysts how the company is planning to operate in seeking to continue its double-digit sales growth for the future.Wolseley makes stock exchange announcement
Wolseley plc announces another record year, achieving a decade of continuous growth
With Group revenue up 25.8%, including organic growth of 10.9%, the year to end July 2006 has seen a significant increase in profits. Record results have been achieved for ten consecutive years, a performance Wolseley Chief Executive Chip Hornsby described as
"A fantastic achievement".
Wolseley's biggest deal is formally complete
Wolsey has officially completed the acquisition of DT Group, first announced on 25 July. At more than £1.3 billion, the purchase of DT Group is Wolseley’s largest acquisition to date. The deal gives the company a major presence in the Nordic region and significantly broadens its European reach.
Acquisitions total so far is £49 million for year.
Wolseley plc, the world's largest specialist trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials, announced today three further acquisitions for an aggregate consideration of £22 million. In a full year, these acquisitions are expected to add approximately £30 million in additional revenue.Ferguson - a Top Place to Start Your Career
Wolseley's US operating company Ferguson has been voted one of the top 50 US companies for new college graduates to begin their careers in a survey of more than 37,000 undergraduate students.
Wolseley appoints Adrian Barden to new global leadership team
Adrian Barden, managing director of Wolseley UK, has been promoted to senior vice president at Wolseley plc, effective from 1 October 2006.
It is one of the first of a number of senior appointments to establish a core leadership team from across Wolseley Group, being made by new CEO Chip Hornsby, to drive his global growth strategy.
£36 million spent on six acquisitions
This takes the total for the year ended 31 July 2006 to a record £910 million. Since the start of the new financial year, 1 August 2006, the total acquisition spend is £26 million.
Wolseley announces the conditional acquisition of DT Group for Euro 1,982 million (1,353 million GBP)
Wolseley has signed an agreement to acquire DT Group (formerly known as Danske Traelast), the Nordic region's leading distributor of building materials, from CVC Capital Partners in a £1billion+ deal.
Chip Hornsby Takes the Helm at Wolseley
Claude 'Chip' Hornsby has today become Group Chief Executive at Wolseley following the retirement of Charlie Banks. Chip, 50, has spent 27 years with Wolseley's Ferguson business in the USA.Wolseley raises its profile in North America
2006 could be another record-breaking year
With Group revenue up by 26 per cent and pre-tax, pre amortisation profits up by 22 per cent, the interim results for the six months to 31 January 2006 have laid the foundations for what could be another record-breaking year.