Announced
Completed
Synopsis
Ferguson completed the acquisition of Southwest Geo-Solutions, a full-service distributor of erosion control, containment, geotextile and geogrid products, AVCO Supply, a distributor of boilers and hot water heaters, GAR Engineering, a fire protection engineering service and design firm, and Safe Step Tubs of Minnesota, a dealer licensed to sell and install Safe Step walk-in tubs and showers. Financial terms were not disclosed. “We continue to complement our organic growth strategy through capability and bolt-on acquisitions that are a cultural fit with our organization. These four companies not only expand our geographic footprint, product offering and capabilities, but also add talented associates to Ferguson. Their knowledge and strong customer relationships are an invaluable asset that will help deliver results and grow marketshare,” Kevin Murphy, Ferguson CEO.
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