Ferguson plc Acquires Bruce Supply Corp., The Kennedy Companies and S. G. Torrice
August 2, 2023
Ferguson plc has acquired three U.S. distributors—Bruce Supply Corp., The Kennedy Companies and S. G. Torrice—closing in the fourth quarter of its fiscal year to expand its plumbing, waterworks and HVAC distribution capabilities. The three businesses generate approximately $450 million of aggregate annualized revenue and extend Ferguson’s reach in the NYC Metro, Mid‑Atlantic and New England regions.
- Buyers
- Ferguson plc
- Targets
- Bruce Supply Corp., The Kennedy Companies, S. G. Torrice
- Industry
- Building Products
- Location
- United States
- Transaction Type
- Buyout
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