Ferguson Acquires Two Distributors

Ferguson Enterprises, Newport News, Va., has acquired J.D. Daddario Co. Inc., Franklin, Mass., in a stock transaction completed Jan. 31.

A family-owned business incorporated in 1951, Daddario is a wholesale distributor of plumbing, hydronics, appliances, lighting and electrical supplies and fixtures. The company has annual sales of $59 million and employs 180 full-time associates. In addition to the headquarters in Franklin, the company has three satellite locations across eastern Mas

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