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Ferguson Announces Two Acquisitions

1. FERG acquires Independent Pipe & Supply Corp. and National Fire Equipment companies. 2. These acquisitions enhance FERG's commercial product distribution in the Northeast.

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FAQ

Why Bullish?

These acquisitions expand FERG's market presence and product offerings, similar to past successful acquisitions.

How important is it?

The acquisitions position FERG strategically in the Northeast market, likely increasing future revenues.

Why Long Term?

Enhancements from these acquisitions will contribute to revenue growth over the long term.

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BKHSNAJCI
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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