Building materials supplier Wolseley UK has announced the appointment of Mark Lohan to the role of managing director in Ireland after its deals to buy Heat Merchants and Hevac were given the green light by the competition watchdog.
In a statement on Tuesday, the group said clearance from the Irish Competition and Consumer Protection Commission for the deals, the details of which were announced in April, has now been received.
It also said Mr Lohan will take up his new role on July 15th. “Mark brings extensive experience in the Irish market, specifically around supply chain management, finance and operational strategy, to the role,” the group said.
He was previously the managing director of Brooks, one of Ireland’s longest-established timber and building supplies businesses.
Your EV questions answered: Am I better to drive my 13-year-old diesel until it dies than buy a new EV?
Police targeting of Belfast journalists exposes ‘lack of legal safeguards’ for press freedom
Leona Maguire: ‘I worked harder this year than any other year, it just didn’t show in the results’
‘People make assumptions about us’: How third level is becoming a real option for people with intellectual disabilities
“I am extremely excited to be joining Wolseley to lead the Heat Merchants, Tubs & Tiles and Hevac businesses,” said Mr Lohan.
“There are lots of opportunities in the Irish market at the moment and, as part of Wolseley, we will be in a very strong position to continue the growth and build on the momentum and financial security that the teams in the businesses have already generated.”
Wolseley UK chief executive Simon Oakland said: “I am delighted that Mark will be joining the team. His extensive experience in the Irish market will be invaluable as Wolseley continues to drive its growth strategy and extend the business into Ireland.”
Wolseley expects the acquisition to complete by the end of June 2022. Heat Merchants and Hevac were advised on the transaction by Capnua Corporate Finance and Eversheds.
