25th Sep 2006 13:27
Wolseley PLC25 September 2006 NEWS RELEASE 25 September 2006 Wolseley plc Wolseley plc announces the completion of the acquisition of DT Group Wolseley announced on 24 July 2006 that it had signed an agreement, conditionalonly upon regulatory approval, to acquire DT Group (formerly known as DanskeTraelast). The offer has been approved by the Commission of the EuropeanCommunities and completion subsequently took place on 25 September 2006. __________________________________________________________________________ Enquiries: Investors/Analysts: Guy Stainer 0118 929 8744Head of Investor Relations 07739 778187 John English 001 513 771 9000Director, Investor Relations North America 001 513 328 4900 Press: Penny Studholme 0118 929 8886Director of Corporate Communications 07860 553834 Brunswick 020 7404 5959Andrew FenwickNina Coad Notes to Editors Wolseley plc is the world's largest specialist trade distributor of plumbing andheating products to professional contractors and a leading supplier of buildingmaterials in North America, the UK and Continental Europe. Group revenues forthe year ended 31 July 2006 were approximately £14.2 billion and operatingprofit, before amortisation of acquired intangibles, was £882 million. Wolseleyhas more than 79,000 employees operating in 22 countries namely: UK, USA, France, Canada, Ireland, Italy, The Netherlands, Switzerland, Austria, CzechRepublic, Hungary, Belgium, Luxembourg, Denmark, Sweden, Finland, Norway, San Marino, Puerto Rico, Panama, Trinidad & Tobago and Mexico. Wolseley is listedon the London and New York Stock Exchanges (LSE: WOS, NYSE: WOS) and is in theFTSE 100 index of listed companies. Certain statements included in this announcement may be forward-looking and mayinvolve risks, assumptions and uncertainties that could cause actual results todiffer materially from those expressed or implied by the forward lookingstatements. Forward-looking statements include, without limitation, projectionsrelating to results of operations and financial conditions and the Company'splans and objectives for future operations including, without limitation,discussions of the Company's business and financial plans, expected futurerevenues and expenditures, investments and disposals, risks associated withchanges in economic conditions, the strength of the plumbing and heating andbuilding materials market in North America and Europe, fluctuations in productprices and changes in exchange and interest rates. All forward-lookingstatements in this respect are based upon information known to the Company onthe date of this announcement. The Company undertakes no obligation to publiclyupdate or revise any forward-looking statement, whether as a result of newinformation, future events or otherwise. It is not reasonably possible toitemise all of the many factors and events that could cause the Company'sforward-looking statements to be incorrect or that could otherwise have amaterial adverse effect on the future operations or results of the Company. Nostatement in this announcement is intended to be a profit forecast or to implythat the earnings per share of Wolseley for the current or future financialyears will necessarily match or exceed the historical or published earnings ofWolseley. - ENDS - This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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