Core & Main Inc. (NYSE: CNM), St. Louis, Mo., has entered into a definitive agreement to acquire Eastern Supply Inc., a distributor of storm drainage products, with custom fabrication capabilities, headquartered in Virginia.
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“The extensive product knowledge and fabrication capabilities in water, wastewater and stormwater management that the Eastern Supply team brings to Core & Main will be a great contribution to our national waterworks expertise,” said Steve LeClair, CEO of Core & Main.
The Eastern Supply team supplies drainage products to contractors, engineers and municipalities across the Northeast. The company has a location in Winchester, Va., and Greencastle, Penn.
Core & Main is a specialized distributor with a focus on water, wastewater, storm drainage and fire protection products, and related services. Core & Main has about 320 locations across the U.S.