Wolseley ponders pulling plug on BCG

Wolseley UK, whose UK brands include Plumb Center, Drain Center, Climate Center and Burdens, has put forward a proposal to close down its BCG distibution business. has informed staff at its distributor brand BCG that it has begun proceedings to look at closing down the business, as part of a wider restructuring plan that the group announced last year.

The closure of the business, which distributes  heating, bathroom and kitchen products to second line retilers and merchants, is still is subject to consultation, with the company currently speaking to employees and no firm decision yet in place. However, the company is not believed to be looking to sell the business.

The company is also believed to be proposing the closure of its Leamington Spa National Distribution Centre along with swingeing cuts to the Support Services. 

In September last year the company announced that, as part of a  “turnaround and repositioning strategy” almost 800 jobs were at risk and that 80 branches and one distribution centre would close.

 

About Fiona Russell-Horne

Group Managing Editor across the BMJ portfolio.

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