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Materials supplier Wolseley has kicked off the year by announcing new acquisitions worth 拢66m. The new purchases are expected to add 拢116m to company revenue.

Since the start of its financial year on 1 August 2006 it has spent around 拢328m on 29 companies which are expected to add approximately 拢560m to the group鈥檚 revenue.

In December Wolseley bought American companies Cal-Steam Supply, Guntersville Fabrication, Sprinkler Corporation and Guntersville Pipe and Supply.

Cal-Steam is a distributor of plumbing products with 10 locations primarily in San Francisco's Bay area. For the year ended 31 December 2005, the company reported revenue of 拢76.6m and gross assets of 拢11.3m.

Guntersville distributes and builds fire protection systems in the south east US. For the year ending 31 October 2006 it posted revenue of 拢1.2m and assets of 拢3.4m.

Wolseley also acquired two companies in the Europe. R J Hosking 好色先生TV Supplies based in Porthleven, Cornwall sells building materials with an emphasis on heavy materials such as bricks blocks, aggregates and timber. In the year ended 30 April 2006, it had revenue of 拢3.9m.

In Holland the company acquired Kopex. The distributor of sanitary products reported revenue of 拢19.6m and assets of 拢7.1m in the year ended 31 December 2005.