Ferguson Acquires Bruce Supply Corp, The Kennedy Companies and S. G. Torrice
Ferguson plc has announced the acquisition of plumbing distributor Bruce Supply Corp (Bruce Supply), waterworks distributor The Kennedy Companies (Kennedy), and S. G. Torrice, an HVAC distributor.
“Bruce Supply, Kennedy and S. G. Torrice are great cultural fits for Ferguson and will help us better serve commercial mechanical, waterworks, and plumbing and HVAC trade professionals in key growing markets across the U.S.,” said Kevin Murphy, Ferguson CEO. “All three companies have great reputations and associates with strong local customer relationships that will help fuel our future organic growth.”
Bruce Supply Corp.
Bruce Supply Corp. is a plumbing distributor that serves commercial, mechanical, residential, HVAC and fire and fabrication contractors in the New York City (NYC) Metro region. Founded in 1969, it is headquartered in Brooklyn, NY and has six locations in New York and New Jersey. With this acquisition, Ferguson further enhances their plumbing, pipe, valve and fittings (PVF), hydronics and fire protection and fabrication offerings in the NYC Metro area.
The Kennedy Companies
Founded in 1973 and headquartered in Mount Laurel, NJ, Kennedy is a distributor of piping and related water, storm, sewer, and erosion control products. Kennedy has nine locations in New Jersey, Pennsylvania, Virginia and North Carolina. This acquisition expands Ferguson’s PVF, geotextile, stormwater and erosion control capabilities to more water and waste treatment plant and municipal customers in the mid-Atlantic region.
S. G. Torrice
S. G. Torrice is a distributor of HVAC equipment, parts and supplies in the New England region. Founded in 1958, it is headquartered in Wilmington, MA and has 15 locations in Maine, Massachusetts, New Hampshire, Rhode Island and Vermont. With the closing of this previously announced acquisition, Ferguson can further serve dual-trade plumbing and HVAC professionals in the New England region.
Ferguson has a proven track record of successful acquisitions and has completed more than 50 acquisitions in the last five years.
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