WOKINGHAM, ENGLAND: Ferguson plc has signed definitive purchase agreements to acquire Yorkwest Plumbing Supply Inc. and Grove Supply, Inc., and closed on the acquisition of Harway Appliances. These acquisitions have aggregate annualized revenues of approximately $220 million. Yorkwest Plumbing Supply Inc. Yorkwest is a leading distributor of plumbing, municipal, hydronics, institutional, HVAC and industrial products…
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Ferguson Acquires Bruce Supply Corp, The Kennedy Companies and S. G. Torrice
LONDON, UK: Ferguson plc, a leading distributor of plumbing and heating products, has announced the acquisition of three companies in the U.S. that will strengthen its presence and capabilities in various markets. The three companies are Bruce Supply Corp, a plumbing distributor in the New York City Metro region; The Kennedy Companies, a waterworks distributor…
Ferguson Plc completes Wolseley UK disposal
LONDON: Ferguson Plc confirmed the completion of the disposal of Wolseley UK, its plumbing and heating distribution business, to Clayton, Dubilier and Rice. The Company previously announced its intention to return substantially all of the net proceeds of the disposal to shareholders by way of a special dividend. Ferguson expects to provide further details regarding…
Ferguson plc appoints Bill Brundage as Group CFO
LONDON: Ferguson plc has announced the appointment of Bill Brundage as Chief Financial Officer (CFO) and an Executive Director, with effect from November 1, 2020. Bill is currently CFO of Ferguson Enterprises a position he has held since March 2017. Bill has over 17 years of experience in a variety of senior finance roles at…
Ferguson plc
Ferguson plc is a Jersey registered multinational plumbing and heating products distributor with its head office in Winnersh Triangle, United Kingdom. Ferguson has approximately 35,000 employees across three regions. Its brands include Ferguson Enterprises (in the United States), Wolseley (in the United Kingdom and Canada) and William Wilson (in the United Kingdom). Ferguson plc is…