Wolseley plc (Reading, England) parent company of Ferguson, announced that one of its European subsidiaries, PBM, signed an agreement to acquire MSCO from Jean-Marie Le Sellin, Annie Le Sellin, Michel Nadaud and Annie Nadaud. MSCO is a generalist builders' merchant based in the southwest of France operating from two branches.
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PVF insiders paint a more positive marketplace outlook going forward, but still with a hint of caution sprinkled in. SWA President David Popek helps PHCP distributor VAMAC thrive in the Mid-Atlantic region. Read more stories in 2017 August Issue.