Core & Main Inc., a U.S.-based distributor of water, wastewater, and storm drainage products, has reached a definitive agreement to acquire substantially all assets of Canada Waterworks Inc. and Canada Waterworks Ottawa Inc., marking a major expansion into Canada.
The acquisition adds three locations in southern Ontario—Toronto, Ottawa, and Hamilton—and brings Canada Waterworks’ team of experienced associates into Core & Main’s network. Founded in 2014, Canada Waterworks supplies contractors and municipalities with water, wastewater, and storm drainage solutions.
Brad Cowles, president of Core & Main, said the deal advances the company’s growth strategy in Canada. “Canada Waterworks is a strong complement to our existing footprint in Ontario,” Cowles said. “It provides an opportunity to strengthen our leadership and operational teams and better serve our customers in the region.”
Canada Waterworks President and CFO Guenther Koehler said the acquisition will allow the company to maintain its local presence while gaining access to Core & Main’s resources. “Core & Main’s focus on entrepreneurial spirit, associate support, and customer service aligns with our own culture,” Koehler said.
Core & Main, based in St. Louis, operates more than 370 locations across the U.S. and employs 5,700 associates. The company serves municipalities, private water companies, and professional contractors, offering solutions in water, wastewater, storm drainage, and fire protection. Financial terms of the deal were not disclosed.
Don’t miss any content from Distribution Strategy Group. Join our list.
