Watsco agrees to acquire Granite Group plumbing, HVAC distributor

Reuters2026/09/14 12:30

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Watsco agreed to acquire The Granite Group, a Northeast distributor of plumbing and HVAC products with about $500 million in annual sales.
The Granite Group, founded in 1971 and based in Concord, New Hampshire, operates 82 locations across seven Northeast states.
The business serves about 11,000 customers and carries roughly 29,000 SKUs sourced from more than 450 vendors.
The Granite Group will continue to run independently under CEO Bill Condron, with closing subject to customary conditions.
The deal expands Watsco’s footprint in plumbing distribution, adding scale and market density in the Northeast.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Watsco Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609140830PRIMZONEFULLFEED9825818) on September 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Watsco agrees to acquire Granite Group plumbing, HVAC distributor

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