Ferguson (NYSE: FERG), Newport News, Va., North American plumbing and HVAC parts distributor, has acquired two companies: Independent Pipe & Supply in Canton, Mass., and National Fire in Toronto.
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Independent Pipe & Supply is a regional distributor of pipe, valves and other products with eight locations across New England, while National Fire offers fire and fabrication products and services at seven locations across Canada.
“Acquisitions continue to be a key driver of our overall growth strategy, complementing our organic growth,” said Kevin Murphy, Ferguson’s CEO. “The acquisition of Independent Pipe & Supply and National Fire will allow us to better leverage our scale locally, expanding our commercial plumbing and mechanical contracting footprint in the Northeast and our fire and fabrication business into Canada.”
Ferguson, which employs 35,000 people at 1,800 locations in North America, has completed 50 acquisitions in the past five years.
