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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.
Wolseley rebranded as Ferguson effective 31 July 2017, because almost all of its business was in the United States, by its Ferguson Enterprises brand. It continued to use the name Wolseley in the United Kingdom and Canada, for its brand recognition. [19] In 2017, Ferguson sold its Scandinavian businesses for €1 billion.
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]
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 sale encompassed all construction equipment from Massey. It was then purchased by Case Corporation in 1997. [28] In 1994, Massey Ferguson's worldwide holdings were purchased by the United States–based AGCO Corporation for US$328 million in cash and $18 million in stock. [29] [30]
The Wolseley 6/80 was the flagship of the company and incorporated the best styling and features. The Wolseley engine of the 6/80 was also superior to the Morris delivering a higher BHP. The car was well balanced and demonstrated excellent road holding for its time. The British police used these as their squad cars well into the late sixties.
Toronto is a city in eastern Jefferson County, Ohio, located along the Ohio River 6 miles (9.7 km) northeast of Steubenville. The population was 5,303 at the time of the 2020 census , making it the second-largest city in Jefferson County. [ 4 ]
In 1996 he acquired an interest in the Toronto Maple Leafs hockey club and arena. In 1998 Tanenbaum was an active force in the acquisition of the Toronto Raptors basketball team and Air Canada Centre by the Toronto Maple Leafs, which together formed Maple Leaf Sports and Entertainment (MLSE).