Marcone, a residential appliance parts distributor and portfolio company of Genstar Capital, announced it has acquired Professional Plumbing Group (PPG), a distributor of plumbing products for repair and remodel applications. PPG designs, manufactures, markets and distributes plumbing products. PPG’s portfolio includes products from two proprietary brands — Wolverine Brass and Speakman — as well as third-party products across all of the leading brands.

Net sales of $6,803 million were 26.6% ahead of last year, 24.5% higher on an organic basis with 1.8% from acquisitions and a further 0.3% from the impact of foreign exchange. Inflation in the first quarter was in the low teens.

ProSource Supply has acquired Marion Davis, a plumbing, lighting and electrical supplier with two locations in Upstate, South Carolina. Marion Davis will be rebranded to ProSource Supply after a transition period.

Munch’s Supply a Chicagoland area-based heating, air conditioning and plumbing distributor, has acquired TML Supply and its 13 branches servicing the province of Ontario, Canada. This will expand Munch’s geographic footprint to 64 locations serving 16 U.S. states and one Canadian province.

The Granite Group has promoted Chris Ploss from chief operating officer (COO) to president and Amir Rosenthal from chief financial officer (CFO) to COO. The promotions come as the company lays the foundation for its strategic growth plan.

The company's revenue is 14.3% ahead of last year with accelerated market share gains.

Ferguson announced the completion of its additional U.S. listing on the New York Stock Exchange. Ferguson will retain its premium listing on the London Stock Exchange and inclusion in the FTSE 100 index, and its ordinary shares will trade on both exchanges under the ticker symbol: FERG.