Plumbing Products & PVF Distribution
Ferguson Expands Pipe & Fire Protection Offering with 2 Acquisitions
Ferguson expanded its North American footprint with the acquisitions of Massachusetts-based Independent Pipe & Supply and Toronto-based National Fire.
Plumbing, HVAC and industrial supplies distributor Ferguson acquired Independent Pipe & Supply Corp and National Fire Equipment Ltd and National Fire Fabrication Ltd.
Terms of the transactions were not disclosed.
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Based in Canton, MA, Independent Pipe & Supply is a distributor of pipes, valves and related products, catering to the commercial and mechanical sectors. The company operates out of eight locations across the Northeast, including Vermont, New Hampshire, Massachusetts, Rhode Island, Connecticut and New York.
According to Ferguson, the acquisition of Independent Pipe & Supply enhances its existing presence and fabrication capabilities throughout the New England region.
The acquisition of Independent Pipe & Supply was finalized on March 31.
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Toronto, Ontario-based National Fire is a distributor specializing in fire protection products and fabrication services, operating seven locations across eastern and western Canada, including two fabrication facilities. The company serves customers throughout the fire protection industry.
Ferguson said the acquisition supports its Fire & Fabrication customer group strategy in Canada while also enhancing National Fire’s product offerings. National Fire’s operations will be integrated into Ferguson’s Canadian subsidiary, Wolseley.
The National Fire acquisition closed on April 14.
“Acquisitions continue to be a key driver of our overall growth strategy, complementing our organic growth,” Ferguson CEO Kevin Murphy said in an April 16 news release. “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. Both acquisitions add talented associates and valuable customer relationships to our business that help drive future growth.”
This is Ferguson’s first acquisitions announced since August 13 of last year, when the company acquired Gerster Equipment Co, and United Waterworks Inc.
