Watsco Agrees To Acquire Granite Group; Terms Undisclosed
Watsco, Inc. (NYSE:WSO) announced today that it has entered into an agreement to acquire The Granite Group, a diversified distributor of plumbing and HVAC products with approximately $500 million in sales throughout
Watsco is buying Granite Group, which sells plumbing and heating supplies. This shows Watsco wants to grow by adding more customers and products to sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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