Clayton, Dubilier & Rice to Acquire Wolseley UK
Clayton, Dubilier & Rice (CD&R) is to acquire Wolseley UK, a specialist distributor of plumbing, heating, climate control, pipe and infrastructure & utility products in the United Kingdom, from Ferguson. Through a carve-out transaction for a net consideration of GBP308 million, Wolseley will become an independent company wholly owned by CD&R