Ferguson (NYSE: FERG), Newport News, VA., value-added distributor providing expertise, solutions and products from infrastructure, plumbing and appliances to HVAC, fire and more, has acquired Airefco Inc.
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Airefco, headquartered in Tualitin, Ore., is a distributor of HVAC equipment, parts and supplies in the Pacific Northwest. It operates out of 11 locations and distributes products to Alaska, Idaho, Montana, Oregon, Washington and Wyoming.
“Airefco has a strong market reputation for quality associates, products and customer relationships,” said Kevin Murphy, Ferguson CEO. “Airefco joining Ferguson will support our dual trade strategy for the plumbing and HVAC contractor and will help us accelerate the geographic expansion of our HVAC business in the Pacific Northwest. It will also provide us with a larger multi-brand footprint and an opportunity to expand the Carrier network in the region’s growing residential and commercial markets.”
