Deal closed Aug 2023 · USA (NYC area, Mid-Atlantic, New England) Verified
Ferguson closes acquisition of three distribution firms (Bruce Supply, Kennedy, S.G. Torrice)
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.
“NEWPORT NEWS, Va. — Ferguson recently announced the acquisition of three distribution companies: Bruce Supply Corp., a plumbing distributor; The Kennedy Companies, a waterworks distributor; and S. G. Torrice, an HVAC distributor.”
Entities
Bruce Supply Corp. · Target Ferguson · Acquirer S. G. Torrice · Target The Kennedy Companies · Target
HVACOtherPlumbing Sentiment: Positive
Source: www.achrnews.com
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