Wolseley to say ‘non’ to French business

Plumbers merchant group Wolseley, parent company of Plumb Center and Parts Center, is believed to be exploring “strategic options” for its business in France.

Wolseley to say 'non' to French business

An outright sale is thought to be the preferred option, according to the Brossette plumbers merchant chain to Saint-Gobain earlier this year, Wolseley’s Réseau Pro chain now represents most of its business in France.

Saint-Gobain, however, is market leader with some 25% of the French market, compared with Wolseley’s 7%.

About Fiona Russell-Horne

Group Managing Editor across the BMJ portfolio.

Check Also

Travis Perkins launches fast track to management

Travis Perkins launches fast track to management

Travis Perkins has launched a Management Training Programme initiative designed to create the next wave …