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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]
He turned down venture capital and instead sold the company to Ferguson plc, then called Wolseley UK, for $35 million. [4] Woseley bought the Build.com domain name from David Berman and rebranded the company as Build.com in April 2010. [4] In October 2015, Build.com / Ferguson Enterprises acquired Living Direct. [5]
LONDON -- Shares in Wolseley dipped 3% this morning, shedding over £1, as it released its third-quarter figures. The fall comes off the back of a decline in its European business, despite the the ...
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The U.K.'s major index is being held back today by a small handful of companies whose share prices are struggling, while Why Compass, Wolseley, and Eurasian Natural Resources Should Lag the FTSE ...
On December 9, 2014 the company announced it was acquired by Ferguson Enterprises, the largest wholesale plumbing distributor in the U.S., to become a wholly owned subsidiary known as HP Products, a Ferguson enterprise. [2] Ferguson Enterprises has been a part of Wolseley plc since 1982. [7]
Wolseley (ISE: WOS.L) fell 92 pence, or 4%, to 2,236 pence this morning after warning that it may have to write down the carrying value of certain European operations. The FTSE 100 company, which ...