Majority stake · Closed Jan 2005
Ferguson acquires J.D. Daddario Co.
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Summary
Newport News-based wholesaler Ferguson (owned by Wolseley plc) acquired J.D. Daddario Co., a Massachusetts wholesale distributor of plumbing, hydronics, appliances, lighting and electrical supplies with $60M annual sales and 180 employees, in a stock transaction completed Jan. 31.