Ferguson acquires Summit Pipe and Supply
January 5th, 2011Newport News, Va. — Ferguson announced the acquisition of Summit Pipe and Supply Co. Inc. and Summit Pipe and Supply Company of Mississippi, Inc. (collectively, “Summit”) in an asset transaction completed Dec. 31, 2010. Summit is a waterworks distributor with three locations in Northport and Wetumpka, Ala. and Jackson, Miss.
“Summit is a market leader with very talented associates that will be a tremendous asset to Ferguson as we grow our waterworks footprint in this region,” said Ferguson CEO Frank Roach. “Strong vendor alignment coupled with the ability to add continuous territory, filling in between our existing Florida and Baton Rouge Ferguson Waterworks locations, made this an attractive acquisition.”
Summit was founded in 2001, by brothers Doug and Mark Pugh. Doug will continue as the Tuscaloosa branch manager and Mark will serve as the area’s sales manager. All former Summit locations will operate as satellite locations of the Ferguson Santa Rosa, Fla., branch under the leadership of Ferguson General Manager George Wainwright. Nick Patterson also will remain as a branch manager in Jackson, Miss.
