Wolseley Industrial Group acquires Duhig Stainless, Inc.
“This is a win-win transaction for both companies.”
Tuesday, January 23, 2018Ferguson Enterprises, Inc., the largest distributor of pipe, valves and fittings in the U.S., announces the acquisition of Duhig Stainless, completed January 22, 2018. The company will operate as part of Ferguson’s industrial division, Wolseley Industrial Group, a leading supplier of products and services to the North American industrial market. The company will operate as Duhig Stainless, a Wolseley Industrial Group company.
In business since 1943, Duhig Stainless is a distributor of fluid control products, including valves, instrumentation, pipe and tubing and serves customers in the biopharmaceutical, food and beverage, petrochemical and waterworks industries. They have three California locations: Los Angeles, Modesto and San Diego.
“The acquisition of Duhig Stainless provides opportunities to grow our Southern California industrial footprint in high purity stainless while diversifying our customer base in California,” said Ferguson CEO Kevin Murphy. “We look forward to welcoming their knowledgeable associates to Wolseley Industrial Group.”
“When combined with Wolseley Industrial Group’s national presence, the potential growth opportunities are tremendous,” said Duhig Stainless President Albert Marquez. “This is a win-win transaction for both companies.”