Ferguson reaches $1.6 billion deal to acquire FloWorks

North American plumbing and heating, ventilation and air conditioning (HVAC) distributor Ferguson Enterprises Inc. announced that it would acquire FWI Holdings Inc., also known as FloWorks. The deal, valued at $1.6 billion, would bring FloWorks’ valve and control systems business to Ferguson from its current home under owner Wynnchurch Capital L.P. Ferguson, which is headquartered […]

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