---
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"
generated_at: "2026-07-13T13:06:11.374936+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Ferguson to acquire FloWorks for $1.6B, expanding TAM to $400B

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002011641-26-000035
- JSON: https://secwatch.observer/filing/0002011641-26-000035.json
- Plain text: https://secwatch.observer/filing/0002011641-26-000035.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.