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Wolseley UK has formally completed the acquisition of Bassetts, DHS, and Neville Lumb from Saint-Gobain. Nearly 300 people from the acquired businesses are joining Wolseley UK.
DHS and Fiat Automotive signed an agreement to set up a 50/50 joint venture to manufacture couplings made of high-performance plastics for the automotive industry. The joint venture is expected to create more than 30 new jobs by 2025, subject to antitrust approval.