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  5. Wolseley UK Acquires Neville Lumb

M&A Deal Summary

Wolseley UK Acquires Neville Lumb

On December 13, 2021, Wolseley UK acquired building materials company Neville Lumb from Saint-Gobain

Acquisition Highlights
  • This is Wolseley UK’s 3rd transaction in the Building Materials sector.
  • This is Wolseley UK’s 4th transaction in the United Kingdom.

M&A Deal Summary
Date 2021-12-13
Target Neville Lumb
Sector Building Materials
Buyer(s) Wolseley UK
Sellers(s) Saint-Gobain
Deal Type Divestiture

Target

Neville Lumb

Leicestershire, United Kingdom
Neville Lumb is a provider of commercial sanitaryware for new build and refurbishment projects. Neville Lumb has 5 branches strategically placed across the UK providing a national bathroom solution service. Neville Lumb was founded in 1882 and is based in Leicestershire, United Kingdom.

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Buyer(S) 1

Buyer

Wolseley UK

Royal Leamington Spa, United Kingdom
Category Company
Founded 1959
Sector Distribution
DESCRIPTION

Wolseley UK is a wholesale distributor of plumbing and building materials and products. Wolseley UK was founded in 1959 and is based in Royal Leamington Spa, United Kingdom.

DEAL STATS #
Overall 4 of 4
Sector: Building Materials M&A 3 of 3
Type: Divestiture M&A Deals 3 of 3
Country: United Kingdom M&A 4 of 4
Year: 2021 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-13 Bassetts

Leicestershire, United Kingdom

Bassetts is a provider of bathroom supplies, furniture, tiles, plumbing, and heating. Bassetts is based in Leicestershire, United Kingdom.

Buy -

Seller(S) 1

SELLER

Saint-Gobain

Courbevoie, France
Category Company
Founded 1665
Sector Building Materials
Employees161,482
Revenue 46.6B EUR (2024)
DESCRIPTION

Saint-Gobain is a manufacturer, designer, and distributor of functional materials for the construction, industrial and consumer markets. Saint-Gobain provides comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change. Saint-Gobain was founded in 1665 and is based in Courbevoie, France.

DEAL STATS #
Overall 16 of 22
Sector: Building Materials M&A 9 of 10
Type: Divestiture M&A Deals 15 of 21
Country: United Kingdom M&A 3 of 5
Year: 2021 M&A 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-13 Bassetts

Leicestershire, United Kingdom

Bassetts is a provider of bathroom supplies, furniture, tiles, plumbing, and heating. Bassetts is based in Leicestershire, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-04 Glassolutions

Paide, Estonia

Glassolutions is the producer of glass packages, laminated glass, and tempered glass. Baltiklaas manufactures and processes glass and glass products in accordance with required and recognized standards and norms. Glassolutions is based in Paide, Estonia.

Sell -
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