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0 0 0.00109675265843303 0.00109675265843303 0.000906013065662094 0 0.000619903676505629 0.00262266940060075
Stock impact report

Ferguson Continues Strategic Growth With Four New Acquisitions [Yahoo! Finance]

Ferguson plc Ordinary Shares (FERG) 
Company Research Source: Yahoo! Finance
WOKINGHAM, England, May 22, 2024 BUSINESS WIRE Ferguson plc (NYSE: FERG; LSE: FERG) announces the closing of four acquisitions: Southwest Geo-Solutions, Inc., AVCO Supply, Inc., GAR Engineering and Safe Step Tubs of Minnesota, Inc. In total, the company has closed on eight acquisitions this fiscal year, ending July 31, 2024. Aggregate annualized revenues for all acquisitions this fiscal year is approximately $350 million. Southwest Geo-Solutions, Inc. Southwest Geo-Solutions is a full-service distributor of erosion control, containment, geotextile and geogrid products headquartered in Austin, TX. This acquisition expands Ferguson's Waterworks footprint in the central and southwest regions, and supports business diversification in erosion control and stormwater management. AVCO Supply, Inc. Located in Levittown, PA, AVCO is a leading distributor of boilers and hot water heaters and offers design and specification services to both commercial and residential contractors. The acquisi Show less Read more
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