# Wolseley Group to acquire Kooltech

Wolseley Group agreed to buy Glasgow-based AC and refrigeration distributor Kooltech. The deal is expected to complete in mid-2023, with Kooltech operating as a standalone business under existing management.

- Type: Acquisition
- Announced: 2023-01-12
- Where: Glasgow, United Kingdom
- Jobs: 20
- Status: announced
- Products: AC and refrigeration equipment
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Wolseley](https://endata.com/companies/22353.md) (acquirer)
- [Kooltech](https://endata.com/companies/67850.md) (target)

## Sources

- [racplus.com](https://www.racplus.com/news/wolseley-to-expand-cooling-reach-with-purchase-of-kooltech-12-01-2023/), 2023-01-12: "Wolseley Group is to buy Glasgow-based distributor Kooltech."
- [acr-news.com](https://www.acr-news.com/latest-news?apg=33&hfTopPageIDs=9302%2C9300%2C9299%2C9294%2C9291%2C9290%2C9288%2C9287%2C9286%2C9284%2C9283%2C9280%2C9275%2C9274%2C9271%2C9270%2C9269&olderstories=True), 2023-01-18: "Kooltech, a specialist distributor of air conditioning and ventilation products, has today announced the signing of an agreement with the Wolseley Group to buy the entirety of the Kooltech business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.