Industry consolidation continues, among both wholesalers and manufacturers. Here are some of the recent transactions announced:
Also in November, Ferguson acquired South Tahoe Plumbing, which operates a single branch in South Lake Tahoe, CA, from which it distributes plumbing and HVAC equipment, primarily for the residential market. Its sales for the year ended Dec. 31, 2004 were $1.6 million, the company said. In January, Ferguson acquired the assets of Colgan Distributors and Colgan Cabinets, a Louisiana-based distributor of HVAC products and residential cabinets. Colgan's sales for the year ended Dec. 31, 2004 were $11 million, the company said.