Ferguson acquires Bruce Supply, The Kennedy Companies and S.G. Torrice
Ferguson announced the acquisition of Bruce Supply Corp., a plumbing distributor; The Kennedy Companies, a waterworks distributor and S. G. Torrice, an HVAC distributor. All three acquisitions closed in the fourth quarter of fiscal year ending July 31, 2023, and generate aggregate annualized revenues of approximately $450 million.
“Bruce Supply, Kennedy and S. G. Torrice are great cultural fits for Ferguson and will help us better serve commercial mechanical, waterworks, and plumbing and HVAC trade professionals in key growing markets across the U.S.,” said Kevin Murphy, Ferguson CEO. “All three companies have great reputations and associates with strong local customer relationships that will help fuel our future organic growth.”