Core & Main Signs Agreement to Acquire Geothermal Supply Company Inc.
Core & Main, Inc. Class A (CNM)
Company Research
Source: Business Wire
ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has entered into a definitive agreement to acquire substantially all of the assets of Geothermal Supply Company Inc. (GSC). GSC is a leading distributor and fabricator of high-density polyethylene (HDPE) pipe and other related products, primarily serving the geothermal, water and sewer industries from a single location in Kentucky.“Adding GSC to the Core & Main family will create exciting new opportunities for us in an important and expanding area for HDPE. The GSC team's wealth of knowledge and expertise in the industry fit in well with our existing fusible product offering, and we are confident this will be a positive partnership for both new and existing customers," said Steve LeClair, chairman and CEO of Core & Main.GSC has been a leading provider of HDPE products since its start in 1996. GSC provides an array of fusible offerings specifically
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