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Nevill Long
05/04/2006
Wolseley UK Limited, the heating and plumming distributor and supplier of building products, has acquired Nevill Long Limited, the interior building products company, from James Latham plc for a cash consideration of £10.32m with an adjustment on agreement of the completion accounts. Nevill Long has a network of nine branches throughout England and Wales. Wolsely have also spent a further £15m on two other acquisitions – Californian firm Home Lumber Company and the trade and certain assets of Swiss oil and gas fired burners company Herman Frei. In total, Wolseley has spent £623 million on 35 acquisitions since August 2005 and it estimates that these will add £997m to revenues in a full year.
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