Wolseley buys timber merchant Brooks

Building materials trade distributor Wolseley announced today it had completed its purchase of Irish company Brooks.

Building materials trade distributor Wolseley announced today it had completed its purchase of Irish company Brooks.

Wolseley, a trade distributor of plumbing, heating and building materials, has made four acquisitions in Europe and North America which it hopes will add around £195 million a year to the group's turnover.

Brooks is a timber distributor and builders' merchant with 18 branches across Ireland and 430 employees.

Wolseley announced it had sold a number of properties belonging to Brooks for €55 million.

The company has spent a further €18 million on three other purchases.

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