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Stock impact report

Ferguson Announces Two Acquisitions

Ferguson plc Ordinary Shares (FERG) 
Company Research Source: Business Wire
Strengthens its Commercial and Fire & Fabrication businesses through bolt-on geographic and capability acquisitions NEWPORT NEWS, Va.--(BUSINESS WIRE)--Ferguson Enterprises, Inc. (NYSE: FERG; LSE: FERG) announces the closing of two acquisitions: Independent Pipe & Supply Corp. and National Fire Equipment Ltd. and National Fire Fabrication Ltd.Independent Pipe & Supply Corp.Headquartered in Canton, MA, Independent Pipe & Supply is a distributor of pipe, valves and other products serving the commercial / mechanical professional. The company has eight locations across the Northeast, operating in Vermont, New Hampshire, Massachusetts, Rhode Island, Connecticut and New York. The acquisition of Independent Pipe & Supply strengthens Ferguson’s existing footprint and fabrication capabilities in the New England area.National Fire Equipment Ltd. and National Fire Fabrication Ltd.Headquartered in Toronto, ON, National Fire is a market leader of fire and fabrication products and services, with Show less Read more
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