Ferguson Enterprises, Inc. (FERG) Stock: Expands Industrial Distribution With FloWorks Acquisition
TLDR Ferguson acquires FloWorks in a $1.6 billion all-cash transaction. FloWorks adds over $1 billion in annual revenue to Ferguson’s platform. Wynnchurch exits after expanding FloWorks through seven…
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Ferguson reaches $1.6 billion deal to acquire FloWorks
North American plumbing and heating, ventilation and air conditioning (HVAC) distributor Ferguson Enterprises Inc. announced that it would a
Ferguson to buy FloWorks from Wynnchurch Capital for $1.6 billion
July 13 (Reuters) - Plumbing supplies distributor Ferguson Enterprises said on Monday it has agreed to acquire FloWorks from private equity
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