Ferguson announces two acquisitions
Strengthens its Commercial and Fire & Fabrication businesses through bolt-on geographic and capability acquisitions
Wednesday, April 16, 2025Newport News, VA – April 16, 2025 – 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 Vermont, New Hampshire, Massachusetts, Rhode Island, Connecticut and New York. The acquisition of Independent Pipe & Supply strengthens Ferguson’s existing footprint and fabrication capabilities in the New England area.
National Fire Equipment Ltd. and National Fire Fabrication Ltd.
Headquartered in Toronto, ON, National Fire is a market leader of fire and fabrication products and services, with seven locations across eastern and western Canada, including two fabrication facilities, serving the fire protection professional. National Fire enables the expansion of Ferguson's Fire & Fabrication customer group strategy in Canada and enhances National Fire’s product offering to its customers. National Fire’s business operations will be integrated into Ferguson’s subsidiary in Canada, Wolseley Canada.
Independent Pipe & Supply closed on March 31, 2025, and National Fire closed on April 14, 2025.
“Acquisitions continue to be a key driver of our overall growth strategy, complementing our organic growth,” said Ferguson CEO Kevin Murphy. “The acquisition of Independent Pipe & Supply and National Fire will allow us to better leverage our scale locally, expanding our commercial plumbing and mechanical contracting footprint in the Northeast and our fire and fabrication business into Canada. Both acquisitions add talented associates and valuable customer relationships to our business that help drive future growth.”
Ferguson has a proven track record of successful acquisitions and has completed approximately 50 acquisitions in the last five years. The large, fragmented markets in which Ferguson operates comprise 10,000+ small to medium ($10-300 million revenue) independent companies across Ferguson’s nine customer groups in North America.
