Consolidation trend Aug 2015 · United States (coast-to-coast) Verified
Ferguson acquires 13 companies in FY2015 via bolt-on M&A strategy
Plumbing and HVACR distributor Ferguson acquired 13 companies across the US in fiscal year 2015 (HVAC/plumbing distributors, waterworks, e-commerce, showrooms), framing acquisitions as a core 'bolt-on' growth strategy.
“Ferguson, a major plumbing and HVACR distributor, announced that it continued its expansion with the acquisition of 13 companies in fiscal year 2015. The acquisitions were coast-to-coast encompassing multiple business types including HVAC and plumbing distributors, waterworks, as well as e-commerce companies and appliance and lighting showrooms.”
Entities
Ferguson · Acquirer
HVACPlumbing
Source: www.achrnews.com
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