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Core & Main Completes Acquisition Of Ohio-Based Waterworks Company

Oct 03, 2022•about 3 years ago

Acquiring Company

Core & Main

Acquired Company

Ohio-Based Waterworks

St. LouisWholesale

Description

Core & Main, Inc., (NYSE: CNM), a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, has closed its previously announced acquisition of substantially all of the assets of the municipal waterworks division of Trumbull Industries, Inc., as well as the assets of an affiliated entity, a supplier of specialty and private label products for the municipal and industrial markets, based in Ohio.

Company Information

Company

Core & Main

Location

1830 Craig Park Ct

St. Louis, Missouri, United States

About

Based in St. Louis, Core & Main is a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, to municipalities, private water companies and professional contractors across municipal, non-residential and residential end markets nationwide. With more than 285 locations, the company provides its customers local expertise backed by a national supply chain. Core & Main’s 3,700 associates are committed to helping their communities thrive with safe and sustainable infrastructure. Visit coreandmain.com to learn more.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed