Watsco to Acquire The Granite Group

Watsco, Inc. announced an agreement to acquire The Granite Group, a diversified distributor of plumbing and HVAC products with approximately $500 million in sales across seven Northeast states. The transaction is expected to close following customary conditions and regulatory approvals.

“Watsco, Inc. (NYSE: WSO) announced today that it has entered into an agreement to acquire The Granite Group, a diversified distributor of plumbing and HVAC products with approximately $500 million in sales throughout seven Northeast States.”

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