Consolidation trend Mar 2015
Ferguson continues serial showroom/appliance acquisitions
The article notes Ferguson previously acquired Factory Direct Appliance and Karl's Appliance in 2014 and will continue seeking acquisitions integrating with its core businesses, evidencing an ongoing roll-up strategy.
“In 2014, Ferguson acquired [Factory Direct Appliance](http://www.ferguson.com/corporate/press-room/2014/apr29-ferguson-acquires-factory-direct-appliance) and [Karl’s Appliance](http://www.ferguson.com/corporate/press-room/2014/jan20-ferguson-acquires-karls-appliance). The company will continue to look for acquisitions that integrate seamlessly with Ferguson’s core businesses.”
Entities
Ferguson · Acquirer
Other Sentiment: Positive
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