M/22/020- Wolseley Group/Cooperstorm
Transaction details
The proposed acquisition of Cooperstorm Limited (and its subsidiaries) by Wolseley Group Limited has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday April 15, 2022 | Friday, May 27, 2022 |
| Parties Involved | Business activities |
|---|---|
| Wolseley Group Limited | Wolseley Group Limited is a UK-based specialist distributor of plumbing, heating, cooling and infrastructure products to trade customers, predominantly supplying professional contractors in the repairs, maintenance and improvement market as well as the new construction market. |
| Cooperstorm Limited | Cooperstorm Limited is a holding company of companies that comprise three key business areas: The Heat Merchants Group sells plumbing supplies (e.g. spare parts, heat pumps, boilers, with a particular focus market on residential and simple commercial projects across both New Build and repairs, maintenance and improvement). The Heat Merchants Group sell to plumbers and builders, who purchase on a needs basis. Tubs & Tiles is active in the retail sale of bathroom fixtures, tiles and entire bathroom suites, primarily through showrooms which cater to individual end-users, who are the primary direct customers. The Hevac Group consists of 5 companies that supplies a range of products, from HVAC systems to renewable heating solutions and (bespoke) stainless steel pipes. |
| Economic sector | Media merger |
|---|---|
| Construction | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Wednesday, May 4, 2022 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Dineo Mashego | Email: dineomashego@ccpc.ie |
Media enquiries: communications@ccpc.ie
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Competition and Consumer Protection Commission
PO Box 12585, Dublin 1, D01 C576
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