Fusion Provida UK Ltd and Utility Power
Systems Ltd bought by Wolseley UK
Fusion Provida UK Limited (FPUK) and Utility
Power Systems Limited (UPS), two trading
businesses of Fusion Group Ltd, have been
bought by Wolseley UK.
Wolseley UK is the main operating subsidiary of
Wolseley plc, the world's largest specialist trade
distributor of plumbing and heating products to
professional contractors and a leading supplier of
building materials in North America, the UK and
Continental Europe. It provides construction products
and materials through a nationwide branch network,
including Plumb and Parts Center, Pipe Center, Climate
Center, Drain Center, Burdens, bcg, Integrated Services
and William Wilson.
The sale includes lease of FPUK's National Sales
Office, National Distribution Centre, Hire & Repair
facility, and the UPS facilities in Chesterfield,
Derbyshire, and FPUK's eight regional depots. The sale
covers some 200 FPUK and UPS employees.
Mark Kemmitt, Trading Director for FPUK, said: “This is
a fantastic growth opportunity for our businesses. I'm
confident that Wolseley UK will be able to open up
many exciting markets as well as providing access to
the investment we need to focus on building our
position in the utilities and infrastructure sector.”
Enabling the world’s water and energy