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Ferguson Announces Two Acquisitions

1. FERG closes two acquisitions of Independent Pipe & Supply Corp. and National Fire Equipment. 2. These deals expand FERG's distribution capabilities in the Northeast market.

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FAQ

Why Bullish?

Acquisitions typically enhance market position and revenue potential. Historical examples show acquisitions often lead to positive stock performance.

How important is it?

Strategic acquisitions can significantly strengthen FERG's market presence and revenue streams, making them important for investor outlook.

Why Long Term?

These acquisitions may take time to integrate and show results, impacting long-term growth sustainably.

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NEWPORT NEWS, Va.--(BUSINESS WIRE)--Ferguson Enterprises, Inc. (NYSE: FERG; LSE: FERG) announces the closing of two acquisitions: Independent Pipe & Supply Corp. and National Fire Equipment Ltd. and National Fire Fabrication Ltd. Independent Pipe & Supply Corp. Headquartered in Canton, MA, Independent Pipe & Supply is a distributor of pipe, valves and other products serving the commercial / mechanical professional. The company has eight locations across the Northeast, operating in V.

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