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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Hear from Ferguson's CFO on its growth strategy and the acquisitions keeping the plumbing and industrial distribution giant in the headlines.
These acquisitions by distribution giant Ferguson have an aggregate annualized revenue of approximately $220 million.
Modest year-over-year increases in the previous quarter moved to declines in the company's 2024 first quarter, including a 4.9% organic revenue decline year-over-year.
Serving the southwest Washington and Portland markets, it joins 13 other Ferguson DCs in the U.S.
Ferguson locations nationwide have joined Trimble's digital pricing and procurement network to further digitize the construction supply chain.
Domestic M&A activity across all industries was down again, continuing a sequential downward trend that started during the last three months of 2021.
Industrial supplies distributor Ferguson held absolute emissions steady against its increasing revenue in fiscal year 2023.
MDM's September content eyed what a leading distributor looks like in 2030; equipment leasing vs. purchasing considerations; and a deep dive on Ferguson's market positioning.
The agreement could generate the power equivalent to the annual electricity needs of more than 34,000 average U.S. homes.
We extract key takeaways from the plumbing, HVAC, PVF and industrial supplies distribution giant’s earnings call on Sept. 25.
The company added $780 million in combined revenue from acquisitions during its fiscal 2023, which ended July 31. Find a recap of the distribution giant's financials.
The company says mentorship, education, networking and recognition reflect a 'comprehensive strategy for integrating more women into the industry.'
MDM reported on 40 mergers and acquisitions among industrial distributors and manufacturers in August, the most since April.
The additions for the plumbing and industrial supplies distribution giant are across three different industries.
The sales decline was within expectations, according to Ferguson.
Private equity firm Starwood Capital Group also invested in the homebuilding platform.
The deceleration was expected after Ferguson posted 16.6% year-over-year sales growth in 1Q.
Mergers and acquisitions among industrial distributors and manufacturers rebounded in December after slowing down in the latter half of November.
The Plumbing, HVAC and industrial products giant reported fiscal 1Q sales of roughly $7.9 billion, compared with $6.8. billion a year prior.