Core & Main, Inc. (NYSE: CNM), a specialized distributor of water, wastewater, storm drainage, fire protection products and related services, has agreed to acquire substantially all of the assets of Inland Water Works Supply Co., a full-service distributor of water and wastewater products, based in Southern California.
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“With a focus on personal service and attention to detail, Inland Water Works Supply has proven itself to be a supplier of choice in its local market for 70 years. This strategic acquisition will allow us to better serve our combined customer base alongside a highly-experienced and cohesive team,” said Steve LeClair, CEO of Core & Main.
Established in 1952, Inland Water Works Supply provides products for new water and sewer construction, as well as for the maintenance and repair of existing water and sewer systems to municipalities and contractors throughout Southern California. Its facility is in San Bernardino, Calif.
Ian Heller is the Founder and Chief Strategist for Distribution Strategy Group. He has more than 30 years of experience executing marketing and e-business strategy in the wholesale distribution industry, starting as a truck unloader at a Grainger branch while in college. He’s since held executive roles at GE Capital, Corporate Express, Newark Electronics and HD Supply. Ian has written and spoken extensively on the impact of digital disruption on distributors, and would love to start that conversation with you, your team or group. Reach out today at iheller@distributionstrategy.com.