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Western
HVAC News
Ferguson Acquires HVAC Distributor
Airefco, Inc.
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Ferguson announced today the acquisition of
Airefco, Inc., a distributor of HVAC equipment, parts and
supplies in the Pacific Northwest.
Founded in 1957 as a Carrier HVAC distributor, Airefco is
headquartered in Tualatin, Oregon. It employs 191 associates
across eleven locations and distributes Carrier and Bryant
brands to customers in Alaska, Idaho, Montana, Oregon,
Washington and Wyoming.
“Airefco has a strong market reputation for quality
associates, products and customer relationships,” said Kevin
Murphy, Ferguson CEO. “Airefco joining Ferguson will support
our dual trade strategy for the plumbing and HVAC contractor
and will help us accelerate the geographic expansion of our
HVAC business in the Pacific Northwest. It will also provide
us with a larger multi-brand footprint and an opportunity to
expand the Carrier network in the region’s growing
residential and commercial markets.”
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“Ferguson is a company that reflects much of
the culture that our associates, customers, vendors and
suppliers hold dear,” said JK Hussa, Airefco President and
CEO. “They value person-to-person relationships and will
invest wisely in Airefco’s future and continued growth.”
Ferguson is committed to growing its HVAC business, where it
is one of the leading distributors in an estimated $70
billion North American market. It recently acquired Guarino
Distributing Company, LLC, an HVAC distributor in Louisiana
and Mississippi, in November 2022; and Aaron & Company, a
plumbing and HVAC distributor in New Jersey, in May 2022.
For its HVAC business, Ferguson partners with a variety of
HVAC manufacturers and distributes equipment, parts and
supplies to specialty and multi-trade contractors for use in
residential and commercial projects. |
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