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Ferguson plc (formerly Wolseley plc) was an American-British multinational plumbing and heating products distributor. In August 2024, it merged into Ferguson Enterprises. [4] [5] [6] The company traced its roots to The Wolseley Sheep Shearing Machine Company, founded in 1887.
In 1982, Wolseley UK acquired the company for $30.7 million. [6] In 1989, Ferguson merged with Familian. [7] The company laid off thousands of workers during the Great Recession due to a slowdown in business. [8] In 2012, the company acquired Power Equipment Direct. [8] In 2016, Ferguson acquired Signature Hardware for $210 million. [9]
A Jersey holding company was set up in 2017 named Ferguson plc and under that name and ownership the original Wolseley business remains listed on the London Stock Exchange and a constituent of the FTSE 100 Index. The British and Canadian operations are still called Wolseley. Ferguson plc's global headquarters is in Zug, Switzerland.
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Wolseley UK is no longer involved in manufacturing; instead, it focuses on distributing and selling bought in products. In January 2021, Wolseley UK was sold by Ferguson to a private equity firm, Clayton, Dubilier & Rice, for £308m. [7] In July 2021, Wolseley UK bought selected Graham Plumbers' Merchant stores after Saint-Gobain divested the ...
The following is a list of industrial occupations. Industrial occupations are generally characterized by being manual-labour-intensive and requiring little to no education. Industrial occupations are generally characterized by being manual-labour-intensive and requiring little to no education.