Miami-based Watsco Inc. (NYSE: WSO) has acquired Gateway Supply Company, a distributor of plumbing and HVAC products.
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Founded in Columbia, S.C., Gateway Supply has annual sales of $180 million and serves 4,000 customers from 15 locations in South Carolina and one location in North Carolina. The company distributes 40,000 SKUs from more than 600 vendors.
Watsco operates in the U.S., Canada, Mexico and Puerto Rico, and on an export basis to Latin America and the Caribbean. Watsco has 689 locations.
