Plumbers merchant Wolseley UK is buying Northern Irish plumbing and heating merchant Bassetts, Guernsey-based heating and bathroom supplier DHS and bathroom supplier Neville Lumb from Saint-Gobain. It follows the announcement in December that it had entered into binding agreements to purchase the businesses.
The agreement will see nearly 300 people from Bassetts, DHS, and Neville Lumb joining the Wolseley UK business.
All outlets will operate as normal and there will be no change for customers.
Simon Oakland, chief execuvite at Wolseley, said: “The completion of the acquisition of Bassetts, DHS, and Neville Lumb marks a very exciting chapter for the business, our customers, and our colleagues, both existing and new.”