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Ferguson Completes Acquisitions of 4 US Businesses
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Ferguson Completes Acquisitions of 4 US Businesses
May 22, 2024 5:21 AM

07:45 AM EDT, 05/22/2024 (MT Newswires) -- Ferguson (FERG) said Wednesday it has completed acquisitions of four businesses -- Southwest Geo-Solutions, AVCO Supply, GAR Engineering and Safe Step Tubs of Minnesota -- for an undisclosed sum.

In the fiscal year ending July 31, Ferguson said it has closed on eight acquisitions with a total yearly revenue of around $350 million.

Shares of Ferguson, a UK-based plumbing and heating products distributor, were 1% lower in premarket trading.

Price: 209.90, Change: -2.01, Percent Change: -0.95

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