{"schema_version":"secwatch.filing_event.v1","accession":"0002011641-26-000035","form_type":"8-K","ticker":"FERG","cik":"0002011641","company_name":"Ferguson Enterprises Inc. /DE/","filed_at":"2026-07-13T13:05:07+00:00","discovered_at":"2026-07-13T13:06:00.297772+00:00","generated_at":"2026-07-13T13:06:11.374936+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Ferguson to acquire FloWorks for $1.6B, expanding TAM to $400B","bullets":["Enterprise value of $1.6B; acquisition multiple ~10x LTM Adj. EBITDA including ~$45M expected synergies.","FloWorks generated ~$1B revenue in 2025; adds 60+ locations in US and Canada serving chemicals, refining, semiconductors, pharma, datacenters.","Transaction expected to close in Q3 2026, subject to customary conditions and regulatory approvals.","Deal is immediately accretive to Adjusted EPS; Ferguson expects to remain within 1-2x net debt/EBITDA range.","Acquisition expands non-residential capabilities in valves, valve automation, and specialty flow control solutions."],"urls":{"canonical":"https://secwatch.observer/filing/0002011641-26-000035","json":"https://secwatch.observer/filing/0002011641-26-000035.json","markdown":"https://secwatch.observer/filing/0002011641-26-000035.md","text":"https://secwatch.observer/filing/0002011641-26-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2011641/000201164126000035/0002011641-26-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2011641/000201164126000035/ferg-20260713.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-13T13:06:11.374936+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}