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He turned down venture capital and instead sold the company to Ferguson plc, then called Wolseley UK, for $35 million. [4] Woseley bought the Build.com domain name from David Berman and rebranded the company as Build.com in April 2010. [4] In October 2015, Build.com / Ferguson Enterprises acquired Living Direct. [5]
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The company has 36,000 suppliers and operates from 11 regional distribution centers, four MDCs, approximately 5,900 fleet vehicles, and 1,773 branches. [1] Build.com is the company's primary online shopping channel. Its primary competitors are Amazon.com in e-commerce and Home Depot in retail. [2] In August 2024, Ferguson plc merged into the ...
In 2017, Ferguson sold its Scandinavian businesses for €1 billion. [20] [21] In 2018, Wolseley UK exited its wholesale business, closed nearly 100 branches and cut about 800 jobs, leaving it with 642 branches. Ferguson also made about $650 million of acquisitions. [21]
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