|Real-time Estimate - 01/20 11:30:00 am|
Ferguson : Acquires Old Dominion Supply, Atlantic Construction in US
|11/17/2020 | 09:28am|
By Adriano Marchese
Ferguson PLC said Tuesday that it has acquired a wholesale distributor of heating, ventilation and air conditioning parts and supplies and a geotextile company.
The supplier of plumbing and heating products acquired Old Dominion Supply, Inc. which operates in Maryland and Northern Virginia, U.S., and Atlantic Construction Fabrics, Inc. which operates along the U.S. East coast.
"The acquisition of high-quality businesses that either broaden our capabilities to better serve our customers or expand our geographic reach remains a central part of our strategy," Chief Executive Kevin Murphy said.
Ferguson didn't disclose the sums it paid for either company.
Write to Adriano Marchese at firstname.lastname@example.org
(END) Dow Jones Newswires