The merger brings independent distributors with almost 100 locations across the U.S. and Canada to AD’s Pipe, Valves & Fittings Division.
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The Baron Group will join AD's Pipe, Valves & Fittings (PVF) Division.
The acquisition supports Victaulic’s growth in the infrastructure and waterworks markets.
The St. Louis-based waterworks and industrial supplies distributor posted record sales in its fiscal 2022 that ended in late January.
The deceleration was expected after Ferguson posted 16.6% year-over-year sales growth in 1Q.
The industrial PVF products distributor reported 4Q sales of $869 million, an increase of 27% compared to the same quarter in 2021.
CVS specializes in maintenance, repair and modifications for various types of valves.
Adding Tennessee Metal Fabricating Corp. supports Victualic's growth in the infrastructure market and increases its capacity for large-diameter piping.
The world’s largest plumbing products distributor saw 21.4% growth in the May-July period.
It marks the sixth acquisition of the year for Core & Main.
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In a new MDM Podcast, Ferguson's Denise Vaughn talks about how the company conducts operations with a lighter footprint while creating positive impact for its stakeholders.
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