M&A Deal Summary

Ferguson Waterworks Acquires Economy Plumbing & Heating Supply

On September 1, 2005, Ferguson Waterworks acquired distribution company Economy Plumbing & Heating Supply

Acquisition Highlights
  • This is Ferguson Waterworks’ 12th transaction in the Distribution sector.
  • This is Ferguson Waterworks’ 12th transaction in the United States.
  • This is Ferguson Waterworks’ 2nd transaction in Pennsylvania.

M&A Deal Summary

Date 2005-09-01
Target Economy Plumbing & Heating Supply
Sector Distribution
Buyer(s) Ferguson Waterworks
Deal Type Add-on Acquisition

Target

Economy Plumbing & Heating Supply

Philadelphia, Pennsylvania, United States
Economy Plumbing & Heating Supply Co. Inc. is a wholesale distributor of plumbing and heating equipment, supplying to the commercial and residential markets based in Philadelphia, Pa.

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Buyer(S) 1

Buyer

Ferguson Waterworks

Newport News, Virginia, United States

Category Company
Founded 1953
Sector Distribution
Employees1,900
DESCRIPTION

Ferguson is a diverse wholesale distributor with operations spanning multiple business groups. The company is ranked by trade publications as the largest wholesale distributor of residential and commercial plumbing supplies and pipe, valves and fittings(PVF) in the US. It is also the fourth largest distributor of heating and cooling equipment (HVAC/R) and the second largest company within the waterworks industry.


DEAL STATS #
Overall 12 of 52
Sector (Distribution) 12 of 36
Type (Add-on Acquisition) 11 of 49
State (Pennsylvania) 2 of 2
Country (United States) 12 of 52
Year (2005) 10 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-09-01 Contractors Field Products

Charlotte, North Carolina, United States

Contractors Field Products, Inc. is a distributor of geotextiles and erosion control products to geotechnical and environmental site work. The company was founded in 1988 and is based in Charlotte, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-01 Camellia Valley Supply

Redding, California, United States

Camellia Valley Supply is a distributor of underground waterworks materials to contractors, public utilities, municipalities, and private water companies in northern California.

Buy -