Watsco to acquire The Granite Group for undisclosed sum
Watsco announced an agreement to acquire The Granite Group, but the deal’s financial terms were not disclosed. The company said the acquisition is expected to deepen its market position in plumbing.
Watsco, Inc. (WSO) said Monday it has agreed to acquire The Granite Group, a diversified distributor of plumbing and HVAC products. The financial terms were not disclosed. The company said the deal is expected to strengthen Watsco's market position in the growing plumbing sector.