Ferguson to Acquire FloWorks for $1.6 Billion, Expanding Industrial Flow Control Business

Barchart·07/13/2026 19:16:12

Ferguson Enterprises ($FERG) agreed to acquire industrial flow-control distributor FloWorks from Wynnchurch Capital for approximately $1.6 billion in cash. The acquisition expands Ferguson's presence in industrial maintenance and flow-control products, adding exposure to end markets including datacenters, semiconductors, power generation, pharmaceuticals, and chemicals. The transaction is expected to close in the third quarter of 2026, subject to regulatory approvals.

• FloWorks generated approximately $1 billion in revenue during 2025 and operates more than 60 locations across the U.S. and Canada.
• Ferguson expects the acquisition to be immediately accretive to adjusted EPS and anticipates approximately $45 million of expected synergies.
• The deal broadens Ferguson's capabilities in valves, valve automation, specialty flow-control solutions, and repair services.
• Management expects revenue synergies across its Industrial, Commercial Mechanical, and Waterworks customer groups.

Relevant Companies

• Ferguson Enterprises ($FERG) – The acquisition expands its industrial distribution platform and exposure to higher-growth end markets.

Editor’s Note: This is a developing story. This article may be updated as more details become available.

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