Merger and acquisition news continues to frequent the PHCP-PVF industry. Whether it be due to lack of exit strategy, financial reasons or just a desire to leave the business, making the decision to sell a company is no small feat.
I asked a bunch of heating contractor friends what was missing from their wholesaler’s stock and how they felt about that. They had some interesting things to say and I thought you might want to listen in.
Aaron and Co. has announced the addition of Paul Martino as President effective March 1. Martino will succeed Barry Portnoy as president, who will stay on as CEO.
Dakota Supply Group (DSG) announced it is now a full line supplier of residential and commercial plumbing products for LIXIL across its American Standard, DXV and GROHE brands.
Dakota Supply Group (DSG) has appointed Julianne Turk as its chief financial officer. Turk will lead DSG’s financial teams and oversee all the company’s financial processes and strategy development.
Winsupply has opened Winsupply of East Tennessee in Seymour, Tennessee. The new company is located just southeast of Knoxville near the foothills of the Great Smoky Mountains.
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.
Companies were tested on their ability to sustain critical business activity when an arctic storm swept across Texas and then into 25 additional states. The ice storm left catastrophic and unprecedented damage.