Acquiring Company
Ferguson Enterprises
Acquired Company
FloWorks
DelawareHoustonWholesaleManufacturingDescription
In August 2026, Ferguson Enterprises Inc. announced the acquisition of FloWorks, supported by up to US$1.60 billion in debt financing. This move comes alongside improved sales and earnings projections for the second quarter and full year. The acquisition will bolster Ferguson's plumbing and industrial services portfolio. Management's strategy emphasizes growth through acquisitions while managing leverage.
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Based on deal dataFrequently asked
Who acquired FloWorks?
FloWorks was acquired by Ferguson Enterprises, based in Delaware. The deal was reported on August 18, 2026. Ferguson Enterprises Inc. is a newly incorporated corporation under the laws of Delaware, and it is an important part of the merger and acquisition activities of the Ferguson plc. Ferguson Enterprises is publicly traded (FERG) and operates in Wholesale.
When did Ferguson Enterprises acquire FloWorks?
Ferguson Enterprises's acquisition of FloWorks was reported on August 18, 2026. In August 2026, Ferguson Enterprises Inc. announced the acquisition of FloWorks, supported by up to US$1.60 billion in debt financing. This move comes alongside improved sales and earnings projections for the second quarter and full year. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does FloWorks do?
FloWorks is a holding company for several flow solutions providers including Sunbelt Supply, Oliver Equipment Company, Triple S, Major Inc. and National Valve. It is privately held, operating in Manufacturing, and is based in Houston.