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Wolseley agrees deal for Finnish building materials business

12 Feb 14 Wolseley has agreed to acquire Puukeskus, a building materials distribution business in Finland.

Puukeskus, which has 23 branches, generated revenue of 拢190m and trading profit of approximately 拢4m in the year ended 31 December 2013.

On completion approximately 400 employees will join the group and Puukeskus will be integrated with Wolseley鈥檚 Starkki business in Finland, which has 22 branches.

Completion is subject to receiving the appropriate clearance from the Finnish Competition Commission.聽

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