The London-based Wolseley plc, parent company to Ferguson Enterprises and Familian Northwest, signed a conditional contract to buy the plumbing, waterworks, refrigeration, HVAC, and industrial products distribution businesses of Rexel Canada (formerly Westburne).
The London-based Wolseley plc, parent company to Ferguson Enterprises (Newport News, Va.) and Familian Northwest (Portland, Ore.), signed a conditional contract to buy the plumbing, waterworks, refrigeration, HVAC, and industrial products distribution businesses of Rexel Canada (formerly Westburne).
Rexel S.A. (parent company to Rexel Canada) acquired those divisions with its acquisition of Westburne last fall. The sale of these divisions to Wolseley allows Rexel to focus on the remaining electrical distribution holdings of Westburne.