M&A Deal Summary

Ferguson Acquires Taps Wholesale Bath Centre

On December 20, 2004, Ferguson acquired retailer Taps Wholesale Bath Centre

Acquisition Highlights
  • This is Ferguson’s 2nd transaction in the Retail sector.
  • This is Ferguson’s 2nd transaction in Canada.
  • This is Ferguson’s 1st transaction in Ontario.

M&A Deal Summary

Date 2004-12-20
Target Taps Wholesale Bath Centre
Sector Retail
Buyer(s) Ferguson
Deal Type Add-on Acquisition

Target

Taps Wholesale Bath Centre

Toronto, Ontario, Canada
Taps Wholesale Bath Centre, Inc. is the largest retail plumbing showroom in Ontario. Company provides bathroom hardware and accessories to contractors and consumers in North America.

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Buyer(S) 1

Buyer

Ferguson

Wokingham, United Kingdom

Category Company
Founded 1887
Sector Distribution
Employees35,000
Revenue 29.7B USD (2023)
DESCRIPTION

Ferguson is a distributor of plumbing and heating products and a leading supplier of building materials. Ferguson was founded in 1887 and is based in Wokingham, United Kingdom.


DEAL STATS #
Overall 11 of 38
Sector (Retail) 2 of 2
Type (Add-on Acquisition) 11 of 36
State (Ontario) 1 of 2
Country (Canada) 2 of 5
Year (2004) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-01 Parnell-Martin Management

Charlotte, North Carolina, United States

Parnell-Martin Management LLC is a wholesale distributor of plumbing products from 17 locations across Virginia, North Carolina, South Carolina, Georgia and Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-01 Sudbury Valve Fitting & Control

Lively, Ontario, Canada

Sudbury Valve Fitting & Control Ltd. specialises in supplying industrial valves, valve actuation and instrumentation to the mining, pulp and paper and related industries in Northern and Central Ontario and Quebec from its location in Sudbury, Ontario.

Buy -