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NEWPORT NEWS, Va. - Ferguson Enterprises, Inc. (NYSE: FERG; LSE: FERG), a leading value-added distributor in the North American construction market, has completed the acquisition of Independent (LON:IOG) Pipe & Supply Corp. and National Fire Equipment Ltd. and National Fire Fabrication Ltd., bolstering its commercial and fire & fabrication businesses.
The acquisition of Independent Pipe & Supply, which concluded on March 31, 2025, enhances Ferguson’s presence and capabilities in the New England region. Independent Pipe & Supply, headquartered in Canton, MA, operates eight locations across six states in the Northeast, distributing a variety of pipe, valves, and other products for commercial and mechanical professionals.
On April 14, 2025, Ferguson finalized its acquisition of National Fire, a company recognized for its fire and fabrication products and services. With its headquarters in Toronto, ON, and seven locations throughout eastern and western Canada, including two fabrication facilities, National Fire is set to advance Ferguson’s Fire & Fabrication customer group strategy in Canada. National Fire will be integrated into Ferguson’s subsidiary, Wolseley (LON:FERG) Canada.
Kevin Murphy, CEO of Ferguson, stated that these acquisitions are key to the company’s growth strategy, complementing organic expansion by enhancing Ferguson’s scale and market reach. The acquisitions are expected to strengthen Ferguson’s commercial plumbing, mechanical contracting, and fire and fabrication services, while adding skilled associates and valuable customer relationships.
Over the last five years, Ferguson has completed around 50 acquisitions, targeting a fragmented market with numerous small to medium-sized independent companies. With annual sales of $29.6 billion in FY’24 and approximately 35,000 associates across nearly 1,800 locations, Ferguson continues to grow its footprint in the residential and non-residential construction markets.
This announcement is based on a press release statement and contains forward-looking statements subject to risks, uncertainties, and assumptions. Actual results could differ materially from those projected due to various factors, including the ability to realize anticipated benefits from the acquisitions and risks associated with integrating the businesses.
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