April 10, 2005

Ferguson to Buy Kennametal’s Integrated Supply Unit

In a move that shifts the competitive landscape for the integrated supply market in North America, plumbing/PVF distributor Ferguson Enterprises is buying Kennametal’s integrated supply business, Full Service Supply, for $41 million. FSS reported 2004 revenues of $138.4 million, serving 100 customers at more than 200 contract sites across 33 states in the U.S. and one Canada province with more than 200 employees.

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