09:23 AM EDT, 07/13/2026 (MT Newswires) -- Ferguson Enterprises (FERG.L) will acquire technical valves and flow control solutions distributor FWI Holdings at an enterprise value of $1.6 billion. The plumbing and heating products distributor is purchasing the business from Wynnchurch Capital through an all-cash acquisition, according to a Monday release. The deal is expected to close in the third quarter.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.