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Watsco To Buy The Granite Group For Undisclosed Sum
Source: Nasdaq
M&A & RestructuringTransportation & LogisticsCompany Fundamentals
Watsco announced an agreement to acquire The Granite Group, a diversified distributor of plumbing and HVAC products. Financial terms were not disclosed. The transaction expands Watsco's distribution footprint in adjacent plumbing and HVAC markets, with likely relevance primarily to the company and its distribution sector.
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