Wolseley UK's Burden takeover gets green light

First published in Business news

BUILDING services business Wolseley UK has received clearance from the Office of Fair Trading to acquire 22 Burdens branches.

The Ripon-based business bought the branches for £30 million in early November before Burdens appointed administrators later in the month.

Steve Ashmore, managing director of Wolseley UK, said Burdens’ product range complemented Drain Center’s products.

Mr Ashmore said: “The deal is in line with Wolseley UK’s strategy to develop leading market positions in all of its businesses and we are looking forward to the growth opportunities ahead.”

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