Ferguson to acquire FloWorks from Wynnchurch Capital for $1.6 billion

Tortoise Acquisition
FERGUSON PLC

Tortoise Acquisition

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FERGUSON PLC

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- Ferguson Enterprises FERG.N said on Monday it has agreed to acquire FloWorks from private equity firm Wynnchurch Capital in a deal valued at about $1.6 billion, strengthening its portfolio of industrial flow-control products and services.