Ferguson agrees to buy FloWorks for USD 1.6 billion - FERG News | RalliesFerguson agrees to buy FloWorks for USD 1.6 billion
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FERG• Ferguson to acquire FloWorks in $1.6 billion cash deal
- Ferguson entered a definitive agreement to buy FloWorks from Wynnchurch Capital in a cash deal valuing the business at about $1.6 billion.
- FloWorks generated about $1 billion of revenue in 2025; the deal implies roughly 10x LTM adjusted EBITDA including about $45 million of synergies.
- The transaction expands Ferguson’s industrial flow-control platform, adding valve automation capabilities and higher exposure to MRO-driven demand.
- Closing is targeted for the third quarter of 2026, subject to customary conditions and regulatory approvals.