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Ferguson acquires HPS Specialties to enhance offerings

PUBLIC · FERGAug 19, 2025

Acquiring Company

Ferguson Enterprises

Acquired Company

HPS Specialties

Newport NewsManufacturingWholesaleManufacturingBuilding Material

Description

Ferguson Enterprises Inc. has acquired HPS Specialties, LLC, strengthening its position in the specialty engineered products market. The transaction closed on June 16, 2025, and marks a significant milestone for both companies. This acquisition expands Ferguson's footprint along the East Coast and aligns with its commitment to innovative plumbing and HVAC solutions.

Quick answer

Ferguson Enterprises is acquiring HPS Specialties, announced August 19, 2025. Ferguson Enterprises is based in Newport News, Virginia, United States.

How much did Ferguson Enterprises pay for HPS Specialties?
The deal value was not disclosed.
What does Ferguson Enterprises do?
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.
Where are Ferguson Enterprises and HPS Specialties based?
Ferguson Enterprises is based in Newport News, Virginia, United States.
Who are the decision-makers at Ferguson Enterprises?
Fundz holds 2 contacts at Ferguson Enterprises. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Ferguson Enterprises

Location

751 Lakefront Commons

Newport News, Virginia, United States

About

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. The company is committed to the successful implementation of the merger agreement with Ferguson plc and other related activities.

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Frequently asked

Who acquired HPS Specialties?

HPS Specialties was acquired by Ferguson Enterprises, based in Newport News. The deal was reported on August 19, 2025. 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 Manufacturing.

When did Ferguson Enterprises acquire HPS Specialties?

Ferguson Enterprises's acquisition of HPS Specialties was reported on August 19, 2025. Ferguson Enterprises Inc. has acquired HPS Specialties, LLC, strengthening its position in the specialty engineered products market. The transaction closed on June 16, 2025, and marks a significant milestone for both companies. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does HPS Specialties do?

HPS Specialties, LLC is a distributor and manufacturer's representative of specialty engineered products for HVAC, plumbing, and hydronic systems. The company is well-regarded for its market position and leadership team. It is privately held, operating in Manufacturing.

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