Core & Main, Inc. acquired Municipal waterworks division of Trumbull Industries, Inc for transaction value of $45 million.
October 02, 2022
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Core & Main, Inc. (NYSE:CNM) agreed to acquire Municipal waterworks division of Trumbull Industries, Inc. on August 23, 2022.
Core & Main, Inc. (NYSE:CNM) completed the acquisition of Municipal waterworks division of Trumbull Industries, Inc. for transaction value of $45 million on October 3, 2022. The transaction price was funded with cash on hand.
Core & Main, Inc. is a holding company. The Company is advancing reliable infrastructure with local service, nationwide. The Company is a specialized distributor with a focus on water, wastewater, storm drainage and fire protection products, and related services. It provides solutions to municipalities, private water companies and professional contractors across municipal, non-residential, and residential end markets, nationwide. With approximately 320 locations across the United States, the Company provides its customers local expertise backed by a national supply chain. The Companyâs offering consists of pipes, valves and fittings, storm drainage products, fire protection products and fabrication services, and smart metering products and technology. The Company is also a provider of geosynthetics and erosion control products. It distributes a range of storm drainage products, with custom fabrication capabilities.
CORE & MAIN, INC. 
