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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 ]
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 ...
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 ...
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 ...
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Ferguson Enterprises has been a part of Wolseley plc since 1982. [7] Wolseley plc is listed on the FTSE 100 Index , a list of 100 company's part of the London Stock Exchange. HP Products today
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