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The London-based Wolseley plc, parent company to Ferguson Enterprises and Familian Northwest, signed a conditional contract to buy the plumbing, waterworks, refrigeration, HVAC, and industrial products distribution businesses of Rexel Canada (formerly Westburne).

McJunkin Corp. has signed an agreement to acquire substantially all of the assets of Joliet Valves of Minooka, Ill.

The manufacturer of quality-engineered plumbing and drainage products for the nonresidential construction market turns 75.

A. Charles Schaul has died.

The Bush administration launched an investigation of imports of butt-weld pipe fittings, flanges and other steel products on June 22, which will be carried out by the U.S. International Trade Commission.

The Central Wholesalers Association celebrated its silver anniversary during the May 2001 convention in Columbus, Ohio.

Charles (Charlie) A. Banks, formerly president/CEO of Ferguson Enterprises, has been named group chief executive for its parent company, Wolseley plc, and is relocating to the United Kingdom.

Hajoca Corp. and marketing group Affiliated Distributors, based in King of Prussia, Pa., reached a "mutual and amicable decision" to separate on May 1 of this year, said Bill Weisberg, chairman/CEO of A-D.

Supply House Times will become the official publication of the American Supply Association in a move that combines what was ASA News, the magazine published by ASA, into the pages of Supply House Times each month, starting in July.

A conditional contract has been signed to enable Wolseley plc (London, England), parent company of Ferguson Enterprises (Newport News, Va.) to acquire the share capital of The Westburne Group from Paris-based Rexel S.A.