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In 1989, Ferguson merged with Familian. [7] The company laid off thousands of workers during the Great Recession due to a slowdown in business. [8] In 2012, the company acquired Power Equipment Direct. [8] In 2016, Ferguson acquired Signature Hardware for $210 million. [9] The sellers later sued the company for failing to make earn-out payments ...
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Ferguson plc (formerly Wolseley plc) was an American-British multinational plumbing and heating products distributor. In August 2024, it merged into Ferguson Enterprises . [ 4 ] [ 5 ] [ 6 ]
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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Outlook Reiterated: Ferguson expects FY25 net sales growth to be in low-single-digits, adjusted operating margin of 9.0% – 9.5%, and capital expenditures of $400 million – $450 million.
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