Watsco Completes Acquisition of The Granite Group, Expanding Plumbing and HVAC Distribution

Watsco, Inc. (NYSE: WSO) announced the completion of its previously announced acquisition of The Granite Group, a diversified distributor of plumbing and HVAC products. The Granite Group generates approximately $500 million in annual sales across seven Northeast states and operates 82 locations. This acquisition expands Watsco's presence in plumbing products distribution.