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Divestiture Jul 2020 · North America Verified

Ferguson divests UK division to focus on North America

The sale of Wolseley UK allows Ferguson to simplify its group structure and focus entirely on investing in and developing its business across North America, where it sees the greatest opportunities for profitable growth.

“The transaction further simplifies the group and allows us to focus entirely on investing in and developing our business across North America, where we have the greatest opportunities for profitable growth.”

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HVACPlumbing Sentiment: Positive

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