Ferguson acquires six appliance
showrooms in New Jersey.
Newport News-based Ferguson, a wholesale plumbing distributor, acquired Karl's
Sales and Service Co. LLC and its six showrooms in northern New Jersey.
“We are excited to add Karl’s Appliance to the Ferguson family,” Ferguson CEO
Frank Roach said in a statement. “Coupled with the addition of Davis & Warshow,
this acquisition further expands our showroom footprint and solidifies our
presence in the New York metropolitan area.”
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The deal closed Jan. 20,
according to a news release. Karl’s Appliance is one of the
30 largest appliance dealers in the country, and Ferguson
plans to expand its products to include plumbing and
lighting to make the showrooms a “one-stop” shop.
In 2012, Ferguson acquired Davis & Warshow, metro New York's
leading residential and commercial plumbing supplier. The
company also acquired The Davidson Group in 2007, a leading
distributor of pipe and tubing, valves, fittings, and piping
accessories in Brooklyn, N.Y.
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