Ferguson plc

Ferguson plc
Company typeDefunct
ISINJE00BJVNSS43
IndustryBuilding materials
DefunctAugust 1, 2024; 3 months ago (2024-08-01)
FateMerged into Ferguson Enterprises
HeadquartersNewport News, Virginia (corporate and operational headquarters)
Key people
Geoff Drabble (Chairman)[1]
Kevin Murphy (CEO)[2]
RevenueIncreaseUS$22.8 billion (2021)[3]
IncreaseUS$2.0 billion (2021)[3]
IncreaseUS$1.5 billion (2021)[3]
Number of employees
31,000 (2022)
Websitewww.corporate.ferguson.com/home/default.aspx

Ferguson plc (formerly Wolseley plc) was an American-British multinational plumbing and heating products distributor. In August 2024, it merged into Ferguson Enterprises.[4][5][6]

The company traced its roots to The Wolseley Sheep Shearing Machine Company, founded in 1887. Wolseley plc changed its name to Ferguson plc in March 2017, to reflect the primacy of its operations in the United States.[7] The company continued to trade as Wolseley in the United Kingdom and Canada[8] until 2021 when Wolseley UK was sold to a private equity firm.

  1. ^ "Ferguson appoints former Ashtead boss Geoff Drabble as chairman". Reuters. 22 May 2019.
  2. ^ "Kevin Murphy promoted to Ferguson plc group CEO". Supply House Times. 12 September 2019.
  3. ^ a b c "Annual Report 2021" (PDF). Ferguson plc. Retrieved 14 February 2022.
  4. ^ "Ferguson Enterprises Inc.: Establishment of new corporate structure, cancellation of Ferguson plc listing and admission of Ferguson Enterprises Inc. common stock" (Press release). Business Wire. 1 August 2024.
  5. ^ "Ferguson parent company headquartered in Newport News". The Virginian-Pilot. 28 August 2024.
  6. ^ "Ferguson changes parent company to Ferguson Enterprises amid US shift". Market Screener. 1 August 2024.
  7. ^ Mitchell, Josh; Dummett, Ben (5 April 2023). "Growing CEO pay gap gives New York an extra edge over London". Fox Business. The Wall Street Journal.
  8. ^ Cornish, Chloe (28 March 2017). "Wolseley to rebrand as Ferguson, exit Nordic region". Financial Times.