Ferguson Enterprises Inc. has purchased substantially all of the assets of SG Supply Co. in a transaction closed effective September 26.
Ferguson Enterprises Inc.has purchased substantially all
of the assets ofSG
Supply Co. (Calumet Park, IL) in a transaction closed effective
September 26. The company will now operate as SG Supply Co., a Ferguson enterprise.
SG Supply was
founded in 1959 and is a supplier of plumbing products, water heaters, hydronic
heating, as well as pipe, valves and fittings for plumbing and mechanical
contractors. SG Supply will continue to operate from their current location in Calumet Park, IL, and be
led by Ferguson’s Chicago area general manager,Steve
Speers. Also,Craig Weiss, SG Supply’s former
president will remain to transition the business.
beginning, we were impressed with SG Supply’s personnel and operations,” said
Ferguson CEOFrank Roach. “Their location and product
offering allows us to expand our presence in the northeast Illinois and
northwest Indiana markets and better serve commercial customers in those
“SG Supply was
founded by my father and is a family business,” said Weiss. “Therefore, finding
a company with similar values is important to me. Although Ferguson is a large company, they maintain a
family atmosphere. We think this is a great partnership that will benefit both
our associates and customers.”
This is the
third acquisition for Ferguson
in 2011. They announced the purchase of Summit Pipe and Supply in January and
Louisiana Chemical Pipe, Valve & Fitting, Inc. in August.