Wolseley sells Brandon Hire

Published:  24 August, 2010

LEAMINGTON SPA: Wolseley is selling its Brandon Hire business to private investment company Rutland Partners, it was announced today.

Under the terms of the deal, Rutland Partners will pay £43m for Brandon Hire, which employs around 960 people and operates through a network of 177 branches.

The sale is expected to complete within 30 days. The decision to sell Brandon Hire has been made on strategic and core business activity grounds as tool and equipment hire is no longer a core business activity within Wolseley UK.

Wolseley UK managing director Steve Ashmore said: “Wolseley has taken a strategic view in deciding to sell Brandon Hire.

“This decision has not been made lightly, but we believe it offers the best way forward for Wolseley UK as well as for Brandon Hire and its employees.”

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight


Builders Merchants Vacancies – UK Wide

At Arco, we are an industry specific recruitment consultancy, providing sales and managerial staff Nationwide to Merchants, Distributors and Manufacturers of Building Materials within the Construction Sales Sector. Priding ourselves on our unparalleled customer service and hard work, we offer a fresh, innovative and personal approach to recruitment specifically designed to meet our clients’ needs and candidates’ skills.

Guest Blog by Simon Damp

Is DIY a lost art?

As time goes by, the art of do-it-yourself when it comes to activities around the home and garden is fast becoming more and more of a lost art.