Consolidation trend Jan 2024 · North America
Ferguson states roll-up strategy: consolidating fragmented markets via acquisition
Ferguson's CEO articulated a twofold strategy of organic growth plus consolidating fragmented markets through acquisitions; the three deals together carry ~$220M aggregate annualized revenue.
“Our strategy remains twofold: prioritizing organic growth and consolidating fragmented markets through acquisitions that align well with our culture and values.”
Entities
Ferguson · Acquirer Kevin Murphy · Mentioned
HVACPlumbing
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