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Form 8-K · Current Report · Filed 2024-08-01

Ferguson plc Merged into Ferguson Enterprises Inc.

On August 1, 2024, Ferguson plc completed a merger with a subsidiary of Ferguson Enterprises Inc., resulting in Ferguson Enterprises becoming the ultimate parent company.

Filer
Ferguson Enterprises Inc. FERG · NYSE
Filed
Accession
0001193125-24-191090
CIK
0002011641
Signal
High impactIndustrials

Details

As part of the merger, Ferguson plc was renamed 'Ferguson (Jersey) Limited' and changed its status to a private company. The company's shares were delisted from the NYSE, and new shares of Ferguson Enterprises were issued to former Ferguson plc shareholders. The governance structure was also updated with new directors and officers appointed.

Items reported

Item 2.01

Completion of Acquisition or Disposition of Assets

M&A Transaction
Item 3.01

Notice of Delisting or Failure to Satisfy a Listing Rule

Transfer of Listing
Item 3.03

Material Modification to Rights of Security Holders

Material Modification of Rights of Security Holders
Item 5.01

Changes in Control of Registrant

Changes in Control of Registrant
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Key Executive Departure
Item 5.03

Amendments to Articles of Incorporation or Bylaws

No viable tag
Item 8.01

Other Events

Corporate Update
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$222.65

Next session

-7.7%

Since filing

+5.2%

Latest close

$234.33

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from FERG reporting the same item, with the next session's move:

Exhibits (1)

About Ferguson Enterprises Inc.

Ferguson Enterprises Inc., a leading distributor of plumbing supplies, is a key player in the industrial and construction sectors. The company's primary purpose is to provide a comprehensive range of products, including fixtures, pipes, valves, and fittings, catering to both commercial and residential markets. Ferguson also offers services like inventory management and logistics solutions, enhancing operational efficiency in the supply chain. With a strong presence in North America, Ferguson serves a diverse clientele that includes contractors, construction companies, and industrial firms. This extensive network allows Ferguson to play a critical role in building and maintaining infrastructure, impacting sectors such as residential construction, commercial buildings, and industrial facilities. Ferguson Enterprises’ significance in the market lies in its ability to supply essential materials for construction and maintenance activities, making it an indispensable resource in the plumbing and HVAC industry. Its broad product range and strong distribution network enable Ferguson to contribute significantly to the development and sustainability of essential services across multiple industries.

Exchange NYSE Industry Industrial Distribution Company website ↗

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