Core & Main completes the acquisition of CES Industrial Piping Supply, LLC

2021-11-12 11:07:24 By : Mr. Henry Luo

Expand fusible HDPE products and services

British stone. Louis, October 6, 2021--(BUSINESS WIRE)--Core & Main, Inc. (NYSE: CNM) (collectively referred to as "Core & Main" together with its subsidiaries), a leading water, wastewater, and rainwater company Emissions professional distributors and fire protection products and related services have completed their previously announced acquisition of almost all assets of CES Industrial Piping Supply, LLC in Belton, Missouri.

"The acquisition of CES Industrial Piping Supply expands Core & Main's supply of fusible HDPE products and services in the Midwest. We are delighted to grow our team in this region and provide customers with additional expertise in fusible piping applications," CEO Steve LeClair said officials of Core & Main.

HDPE (High Density Polyethylene) is tough, durable, flexible, non-corrosive and chemical resistant. Its unique characteristics allow it to be used in a wide range of applications, including municipal, industrial, landfill, geothermal, mining, etc.

"We are very happy to welcome CES Industrial Piping Supply employees to the Core & Main family," said Jack Schaller, President of Core & Main Waterworks. "This team has a good reputation in the fusible HDPE industry, and we are eager to let them join our team."

CES Industrial Piping Supply was established in 1997 and provides a full range of fusible HDPE pipes, fittings and fusion splicers. The team serves a variety of markets, including the industrial, oil and gas, water, wastewater, wind energy, landfill, mining, environmental, and power plant industries.

About Core & Main Headquartered in St. Louis, Core & Main is a leading professional distributor of water, wastewater, stormwater discharge and fire protection products and related services for municipal, non-residential and municipal, private water supply companies and professional contractors. National residential terminal market. The company has more than 285 locations and provides customers with local expertise backed by a national supply chain. The 3,700 employees of Core & Main are committed to helping their communities thrive through safe and sustainable infrastructure. Visit coreandmain.com for more information.

Note on Forward-Looking Statements Certain statements contained in this press release include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include information about Core & Main’s financial and operating prospects, and any other statements that are not directly related to any historical or current facts. In some cases, you can identify forward-looking through terms such as "may", "will", "may", "should", "forecast", "anticipate", "intend", "plan", and "expect" statement. """Project", "Outlook", "Believe", "Estimate", "Forecast", "Potential", "Continue", "Preliminary" or the negative form of these terms or other similar terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot assure you that these expectations will prove to be correct. These forward-looking statements are related to future events or our future financial performance, and involve known and unknown risks, uncertainties and other possible causes of our actual results, activity levels, performance or achievements and any future results. These forward-looking statements The activity, performance, or achievement expressed or implied.

More information about these and other factors can be found in our filing with the U.S. Securities and Exchange Commission. The entire contents of all forward-looking statements that can be attributed to us or those acting on our behalf are expressly bound by the above-mentioned cautionary statements. All such statements are only effective as of the date of publication. Except as required by law, we are not obliged to publicly update or revise any forward-looking statements due to new information, future events or other reasons.

View the source version on businesswire.com: https://www.businesswire.com/news/home/20211006006000/en/

Investor Relations: Robyn Bradbury, 314-995-9116 InvestorRelations@CoreandMain.com

Media relations: Jennifer Noonan, 314-750-9670 Jennifer.Noonan@CoreandMain.com

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