Sale of Heat Merchants, Tubs & Tiles, and Hevac to CD&R backed company, Wolseley.
Capnua indentified the exit opportunity for the shareholders and led negotiations with CD&R and Wolseley to sucessful completion.
The Heat Merchants Group has 31 branches in Ireland, providing plumbing supplies for residential and commercial projects. The Hevac Group specialises in heating systems for various sectors. Tubs & Tiles is Ireland’s largest tile and bathroom retailer, with 12 showrooms and an e-commerce platform serving hotels, retail, and multi-residential developments.
Founded in 1887, Wolseley is a leading UK specialist provider of plumbing, heating, cooling, and utility products to trade customers, predominantly supplying professional contractors in the repairs, maintenance and improvement market.
Ireland
United Kingdom
