Ferguson acquires commercial MRO distributor
Ferguson has acquired Matera Paper Co., in a stock transaction completed Dec. 12, 2016. Matera is headquartered in San Antonio, Texas and distributes commercial and industrial cleaning chemicals, supplies and equipment to facilities throughout Texas.
“This acquisition further demonstrates our commitment to the Commercial MRO industry,” Ferguson CEO Frank Roach said. “Matera has been in business for nearly 60 years and has a history of strong organic growth. They will be a great asset to Ferguson and our JanSan business in Texas.”
Founded in 1957, Matera is known as Texas’ premier facility supply experts, Ferguson noted. Its customers include hospitals, schools, universities, industrial facilities, contractors and private businesses. The company has about 250 associates and five locations in San Antonio, Houston, Dallas, Austin and Corpus Christi.
“Joining Ferguson will help enhance and strengthen our position in the industry,” Matera President John Richardson said. “We look forward to helping grow their facility supply business while providing our associates with additional resources and opportunities.”
Traditionally, Ferguson is known as a plumbing distributor. However, it has a strong foothold in the Commercial MRO industry through its Ferguson Facilities Supply business. Its broad inventory of MRO products coupled with its offering of appliances, plumbing, and HVAC and lighting products sets it apart from traditional facility suppliers, the Newport News, Va.-based distributor explained. The company also has dedicated Commercial MRO shipping centers that can deliver many products next day to customers throughout the U.S.
Ferguson has acquired several MRO companies including HP Products in 2014. HP Products acquired Ship-Pac, a janitorial and packaging firm, in 2014 and PCS Industries, a JanSan company outside Chicago, earlier this year.