Clayton Dubilier & Rice Final Three to acquire Wolseley UK

Clayton Dubilier & Rice is one of three buy-out firms toughing it out in the final stages of an auction for Wolseley UK, which supplies plumbing equipment to the construction industry.

It is believed Wolseley could change hands for between £400million and £600million as part of any deal with a private equity house.

Other potential buyers include American company HIG Capital and Epiris, a London-based private equity house that owns the venerable auction house Bonhams.

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