Ferguson Announces 4 Acquisitions as its Fiscal Year Ends - Modern Distribution Management

Ferguson Announces 4 Acquisitions as its Fiscal Year Ends

Ferguson's fiscal 2025 netted nine acquisitions in all, with combined revenues of approximately $300 million.
Photo Credit: Ferguson

PVF, plumbing, HVAC, infrastructure and industrial supplies distributor Ferguson closed four deals in its fourth quarter, the company announced Aug. 5. This marks a total of nine acquisitions in the company’s fiscal 2025 that ended July 31, with aggregate annualized revenues of approximately $300 million.

MDM Case Study: Ferguson (Premium access here) 

The recent acquisitions include two manufacturing representatives, an HVAC supplies and parts distributor and an exclusive distributor of Neptune Technology Group products and water meters. The deals include:

  • HPS Specialties, a manufacturer’s representative of HVAC, plumbing and hydronic supplies which serves commercial mechanical and industrial engineering professionals. The acquisition closed on June 16 and gives Ferguson entry into the mechanical room design and specification business in the Northeast and Mid-Atlantic.
  • Ritchie Environmental Solutions, a process equipment manufacturer’s representative which serves the water and wastewater treatment market in Virginia. The acquisition of Ritchie Environmental, which closed on June 24, is expected to strengthen Ferguson’s expertise in water and wastewater system design and enhance its ability to collaborate on process equipment solutions.
  • Manufactured Duct & Supply Company (MDS), an HVAC supplies and parts distributor with duct board fabrication capabilities serving residential and light commercial contractors throughout metro Atlanta and the Southeast. The acquisition closed on July 21 and will strengthen Ferguson’s HVAC footprint and customer relationships in the Atlanta market, further driving its ability to serve the dual-trade professional, company officials said.
  • Water Resources, an exclusive distributor of Neptune Technology Group products and water meters in the greater Chicago metro area. The acquisition, which closed on July 28, expands Ferguson’s Neptune distribution rights and will enhance its ability to drive product specification in a key municipal market.


      

“We invest in acquisitions with talented associates, unique product offerings and established customer and manufacturer relationships that strengthen our ability to serve the water and air specialized professional,” said Ferguson CEO Kevin Murphy in an Aug. 5 news release. “Our acquisitions this fiscal year spanned across six customer groups, strategically supporting our balanced business mix, and the pipeline remains healthy as we move into the next fiscal year.”

Ferguson — named a 2025 MDM Industry Titan and ranked several times on MDM’s Top Distributors Lists — has completed approximately 50 acquisitions in the last five years.

Ferguson will report its fiscal 2025 fourth quarter and full-year results on Sept. 16.

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