Watsco (WSO) closed its acquisition of Granite Group, a Concord, New Hampshire-based
distributor of plumbing and heating, ventilation and air conditioning products, for an undisclosed amount.
Granite, which posted a 10% annual compounded growth rate in sales since 2010, will operate as an independent business under its existing management, Watsco said Monday in a statement.
Granite runs 82 locations across seven Northeast states.
Price: 285.80, Change: +5.90, Percent Change: +2.11
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