The distributor had a considerable 1Q sales improvement vs. 4Q23, while all business segments saw continued annual declines.
Latest In Plumbing Products & PVF Distribution
It’s the distribution group’s first acquisition since it was formed by Trive Capital at the end of 2023.
The 308,000-square-foot facility is projected to open by the first quarter of 2025.
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The addition of plumbing and electrical supplies distributor Southern will give a wider range of products across a larger geographic area.
It marks a further strengthening of the St. Louis-based distributor's HVAC unit.
A new 308,000-square-foot distribution center in West Salem, WI, will serve First Companies' plumbing and HVAC supply customers in 2025.
Andreas Reger will lead Viega LLC amid a capital investment plan, which includes over $300 million investment in its U.S. facilities.
The plumbing and HVACR distribution giant also updated its plans to ‘domicile’ its ultimate parent company in the U.S. to reflect operations and leadership.
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F.W. Webb's new 43,000 sq. ft. facility adds capacity and provides a comprehensive selection of water works and industrial components.
The pumps and pumping equipment maker saw organic revenue growth slow to 4% in 4Q23, while full-year revenue increased 16% vs. 2022.
The company is bringing its full scope of PVF product and more to a 40,000-SF facility near the Indianapolis International Airport.
A 24,000-square-foot expansion in Boston will offer F.W. Webb customers access to a larger product assortment.
Winchester, VA-based Eastern provides drainage products to contractors, engineers and municipalities across the U.S. northeast.
These acquisitions by distribution giant Ferguson have an aggregate annualized revenue of approximately $220 million.
Plimpton & Hills is a 125-year-old, family-owned distributor with more than 20 locations across Connecticut, Massachusetts and New York.
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Manufacturer Watts Water Technologies is expected to acquire drainage and plumbing product manufacturer Josam Company in January 2024.
A new 57,000-SF warehouse branch supplements three other locations in the Carolinas.
