Core & Main Enhances Infrastructure Solutions with New Acquisition
Core & Main Completes Significant Acquisition
Core & Main Inc. (NYSE: CNM), a prominent leader in advancing reliable infrastructure across the nation, has successfully completed the acquisition of Green Equipment Company. This acquisition marks an important milestone for Core & Main as it aims to bolster its capabilities and broaden its offerings in the underground utility protection market.
About the Acquisition
The acquisition encompasses substantially all of the assets of Green Equipment Company, a well-regarded provider of underground utility protection equipment. The company operates from a single location, strategically situated in Fort Worth, Texas. By integrating Green Equipment's operations into its own, Core & Main aims to enhance its product lines and service offerings to better serve its clients.
Core & Main: Committed to Reliable Infrastructure
Based in St. Louis, Core & Main excels in offering reliable infrastructure solutions with a keen focus on local service nationwide. As a leading specialized distributor, Core & Main provides a diverse array of products and related services in critical areas such as water, wastewater, storm drainage, and fire protection. This strategic approach allows them to support municipalities, private water companies, and contractors across various market segments, including municipal, non-residential, and residential areas.
National Expertise with Local Reach
With over 350 locations spread throughout the United States, Core & Main provides its customers with the essential local expertise, backed by a robust national supply chain. The company employs nearly 5,500 associates who are dedicated to ensuring that communities thrive with dependable infrastructure solutions. This commitment underscores their mission of elevating the standards of service and support for their clients.
Why This Acquisition Matters
The strategic acquisition of Green Equipment Company reinforces Core & Main's position as a leader in the infrastructure sector. By strengthening their portfolio, Core & Main is poised to offer enhanced underground utility protection solutions, thereby addressing the evolving needs of their customers and the communities they serve. This acquisition not only demonstrates Core & Main's commitment to growth but also ensures they remain at the forefront of the industry.
Looking Ahead
As Core & Main continues to expand its footprint in the infrastructure market, they remain focused on delivering exceptional value to their clients. Through this acquisition, they are well-equipped to tackle the challenges and demands present in the sector. The integration of Green Equipment's expertise and products will undoubtedly enhance Core & Main’s capacity to provide innovative solutions for utility protection.
Frequently Asked Questions
What is the significance of the acquisition by Core & Main?
The acquisition of Green Equipment Company enhances Core & Main's offerings in underground utility protection, enabling them to better serve their clients.
How does Core & Main support local communities?
Core & Main supports local communities by providing reliable infrastructure solutions backed by their extensive network of local expertise and resources.
What services does Core & Main offer?
Core & Main offers a range of services focused on water, wastewater, storm drainage, and fire protection products, catering to various market segments.
Where is Core & Main located?
Core & Main is headquartered in St. Louis, Missouri, and operates over 350 locations across the United States.
How many employees does Core & Main have?
Core & Main employs nearly 5,500 associates committed to providing exceptional service and infrastructure solutions.
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