A Wolseley Company
Heat Merchants Goup, trading as Heat Merchants, Tubs & Tiles and Bathroom Merchants was acquired by Wolseley in July 2022.
Wolseley is a leading specialist provider of plumbing, heating, cooling, and utility products to trade customers. Trading under a number of leading UK brands including Wolseley Plumb & Parts, Wolseley Pipe, Wolseley Climate, William Wilson, Jointing Tech, Burdens, and Fusion Utilities. It has around 560 branches nationally, three centres of excellence in the utilities divisions, support centres in Warwick and Ripon, and three distribution centres.
In each of the sectors it supplies, Wolseley acts as a trusted partner, providing a range of enhanced services and expertise to help customers to win more work, trade more efficiently and ultimately be more profitable. Customers benefit from the skills, knowledge and expertise of its people, the range of complimentary products and service offerings, its scale, its bespoke logistics network and a market leading digital suite of services.
Speaking about the acquisition Simon Oakland, CEO Wolseley Group, commented: “This is a very exciting announcement for Wolseley as it acquires Heat Merchants, Tubs & Tiles, and Hevac, all well-known brands in Ireland providing a local and personal service, which Wolseley will further build on. Wolseley, itself, is undergoing an ambitious growth strategy through business acquisition and this latest announcement is a key part of this.”
Shane Colleran, Director, Heat Merchants Group said: “This transaction and change to Wolseley ownership couldn’t have been better timed. It will allow us to build on the momentum we have generated over recent years and enable us to invest in the significant market opportunities in Ireland. There’s been a considerable increase in activity to address housing under-supply coupled with the continued development of commercial and industrial infrastructure on which this transaction will enable us to capitalise.”