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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.
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.
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 ...
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]
LONDON -- I have recently been evaluating the investment cases for a multitude of FTSE 100 companies. Although Britain's foremost share index has risen 9.1% so far in 2013, I believe many London ...
The U.K.'s major index is being held back today by a small handful of companies whose share prices are struggling, while. LONDON -- The FTSE 100 is still hovering below the 6,400 level, up a mere ...
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 ...
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]