Watsco (WSO) Acquires Gateway Supply Company
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Watsco Acquires Gateway Supply Company
September 6, 2023 7:30 AM EDT$180 Million Distributor Adds 16 Locations in Core Sunbelt MarketsGateway Builds on Watscos Leading Scale in Fragmented $50 Billion HVAC Marketplace
MIAMI, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced that it has completed the acquisition of Gateway Supply Company, Inc., a distributor of plumbing and HVAC products.
Founded in Columbia, South Carolina in 1964, Gateway Supply has annual sales of approximately $180 million and serves approximately 4,000 customers from 15 locations in South Carolina and one location in North Carolina. The company distributes approximately 40,000 SKUs from... More
