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Ferguson PLC ( (FERG) ) has issued an announcement.
Ferguson Enterprises Inc. announced the completion of four acquisitions in its fourth quarter, bringing the total to nine acquisitions for the fiscal year ending July 31, 2025. These acquisitions, which include HPS Specialties, Ritchie Environmental Solutions, Manufactured Duct & Supply Company, and Water Resources, Inc., are expected to enhance Ferguson’s capabilities in HVAC, plumbing, and water treatment markets. The acquisitions are part of Ferguson’s strategy to strengthen its market position by expanding its geographic footprint and enhancing its product offerings, thereby supporting its balanced business mix across six customer groups. This strategic move is anticipated to bolster Ferguson’s operations in key markets, such as the Northeast, Mid-Atlantic, Atlanta, and Chicago, and reflects the company’s ongoing commitment to growth through strategic acquisitions.
More about Ferguson PLC
Ferguson Enterprises Inc. is the largest value-added distributor in the $340 billion residential and non-residential North American construction market. The company provides a wide range of products and services, including plumbing, HVAC, appliances, lighting, PVF, and water and wastewater solutions. Headquartered in Newport News, Virginia, Ferguson reported sales of $29.6 billion for FY 2024 and employs approximately 35,000 associates across nearly 1,800 locations.
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