In the near term, Premier Supply Group and its Degrees of Comfort showroom will operate under the current brand names. Rebranding to The Granite Group and Sink & Spout, the showroom arm of The Granite Group, is expected to take place later this year.
Ferguson has signed definitive purchase agreements to acquire Yorkwest Plumbing Supply and Grove Supply, and closed on the acquisition of Harway Appliances. These acquisitions have aggregate annualized revenues of approximately $220 million.
Stellar Industrial Supply, which distributes more than 90,000 MRO (maintenance, repair and operation) products and tools from more than 1,500 brands announced the signing of a Letter of Intent to acquire Memphis, Tennessee-based metalworking distributor IMC Supply (IMC).
The Edge Group is a market-leading buying group that connects independent distributors and manufacturers in the datacom, security, low voltage, audio/video, electronic MRO and electronic OEM industries.
F.W. Webb Co. announced the opening of its newest wholesale location in Poughkeepsie, New York, following completion of its acquisition of J.D. Johnson Co. at 184 Church Street.