Add-on acquisition · Closed Aug 2023 Verified
Ferguson closes acquisition of three distribution firms (Bruce Supply, Kennedy, S.G. Torrice)
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Summary
Ferguson acquired three distribution companies — Bruce Supply Corp. (plumbing), The Kennedy Companies (waterworks), and S.G. Torrice (HVAC) — closing in Q4 of its fiscal year ended July 31, with combined annualized revenues of roughly $450 million.