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WKN DE: A3CVT4 / ISIN: US21874C1027

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09.01.2024 22:51:31

Core & Main To Acquire Eastern Supply

(RTTNews) - Core & Main, Inc. (CNM), a distributor of water, wastewater, and fire protection products and services in the US, has announced its acquisition of almost all the assets of Eastern Supply Inc., a Virginia-based distributor of storm drainage products with custom fabrication capabilities, and a related entity.

The acquisition is expected to significantly enhance Core & Main's product knowledge and fabrication capabilities in water, wastewater, and stormwater management, as stated by Steve LeClair, the company's CEO.

By integrating the expertise of Eastern Supply, Core & Main is aiming to improve its national waterworks expertise and provide its customers with an even broader range of high-quality products and services.

However, the financial details of the deal have not been disclosed yet.

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Core & Main Inc Registered Shs -A- 49,49 0,32% Core & Main Inc Registered Shs -A-