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Contents

   



(Top)
 


1 History  



1.1  Acquisitions  







2 References  





3 External links  














Core & Main







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Coordinates: 38°4130.9N 90°2629.7W / 38.691917°N 90.441583°W / 38.691917; -90.441583
 

From Wikipedia, the free encyclopedia
 


Core & Main, Inc.
Company typePublic company

Traded as

  • S&P 400 component
  • IndustryDistributor
    PredecessorHD Supply Waterworks
    FoundedAugust 2017[1]/ 1996[2]
    HeadquartersSt. Louis, Missouri, U.S.

    Key people

    Steve LeClair (CEO)
    Jack Schaller (President)
    ProductsDistributor of water, sewer and fire protection products
    RevenueIncrease US$5 billion (2022)[citation needed]

    Net income

    Increase US$166 million (2022)[citation needed]

    Number of employees

    4,500 (2022)[2]
    Websitecoreandmain.com

    Core & Main, Inc., headquartered in St. Louis, Missouri, is a U.S. distributor of water, sewer and fire protection products.

    History[edit]

    On 1 August 2017, Clayton, Dubilier & Rice acquired the Waterworks division of HD Supply and changed its name to Core & Main.[3][4] Goldman Sachs & Co, LLC served as financial advisor and King & Spalding served as legal counsel to HD Supply on the transaction.[5] SEC filings from December 2014 show that The Carlyle Group and Clayton, Dubilier, & Rice had sold off their holdings of HD Supply[6] 3 years before this purchase of the Waterworks division.

    Acquisitions[edit]

    Company Headquartered Date Ref
    Long Island Pipe Supply, Inc. Garden City, NY 2019-05-08 [7]
    Maskell Pipe & Supply, Inc Corona, CA 2019-02-05 [8]
    DCL Fabrication & Supply Bridgeton, MO 2019-01-21 [citation needed]
    Finish Line Systems Wheat Ridge, CO 2018-08-15 [9]
    DOT Sales Company Fontana, CA 2018-07-31 [10]
    St. Louis Fabrication & Supply St. Louis, MO 2018-06-18 [citation needed]
    Minnesota Pipe & Equipment Farmington, MN 2017-09-28 [11]

    References[edit]

  • ^ a b bloomberg.com – Core & Main LP
  • ^ wateronline.com – HD Supply Waterworks Changes Name To Core & Main
  • ^ bloomberg.com – Trading Companies and Distributor: Company Overview of HD Supply Waterworks Group and HD Supply Waterworks and Certain Other Waterworks Business Assets
  • ^ hdsupply.com – HD Supply Completes Sale of its Waterworks Business Unit to Clayton, Dubilier & Rice, 1 August 2017.
  • ^ "HD Supply Holdings, Inc. Announces Pricing of Sale of 40,661,072 Shares of Common Stock by Selling Stockholders". HD Supply. December 11, 2014. Archived from the original on January 20, 2015. Retrieved May 2, 2019.
  • ^ globenewswire.com –  Core & Main Signs Definitive Agreement to Acquire Long Island Pipe, 8 May 2019
  • ^ waterfm.com – Core & Main closes acquisition of Maskell Pipe & Supply
  • ^ inddist.com – Core & Main Adds To Waterworks, Acquires DOT Sales Company
  • ^ inddist.com – Core & Main Acquires DOT Sales Company, Adds to Growing Waterworks Business
  • ^ inddist.com – Core & Main to Acquire Minnesota Pipe & Equipment
  • External links[edit]


    38°41′30.9″N 90°26′29.7″W / 38.691917°N 90.441583°W / 38.691917; -90.441583


    Retrieved from "https://en.wikipedia.org/w/index.php?title=Core_%26_Main&oldid=1219638791"

    Categories: 
    Companies based in St. Louis
    Companies listed on the New York Stock Exchange
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    Companies in the S&P 400
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    This page was last edited on 18 April 2024, at 23:46 (UTC).

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