Announced
Completed
Financials
Tags
United States
HVAC distributor
Specialty Contracting
Acquisition
Cross Border
Private
Majority
Completed
Friendly
Single Bidder
Synopsis
Ferguson Enterprises, a HVAC products supplier, completed the acquisition of Bruce Supply, a plumbing distributor, The Kennedy Companies, a waterworks distributor, and S. G. Torrice, a full-service HVAC distributor. Financial terms were not disclosed. "Bruce Supply, Kennedy and S. G. Torrice are great cultural fits for Ferguson and will help us better serve commercial mechanical, waterworks, and plumbing and HVAC trade professionals in key growing markets across the US. All three companies have great reputations and associates with strong local customer relationships that will help fuel our future organic growth," Kevin Murphy, Ferguson CEO.
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