Core & Main Completes Acquisition of Geothermal Supply Company Inc.
May 06 2024 - 4:15PM
Business Wire
Core & Main Inc. (NYSE: CNM), a leader in advancing reliable
infrastructure with local service, nationwide, has closed its
previously announced acquisition of 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 Horse Cave,
Kentucky.
About Core & Main
Based in St. Louis, Core & Main is a leader in advancing
reliable infrastructure™ with local service, nationwide®. As a
leading specialized distributor with a focus on water, wastewater,
storm drainage and fire protection products and related services,
Core & Main provides solutions to municipalities, private water
companies and professional contractors across municipal,
non-residential and residential end markets, nationwide. With more
than 350 locations across the U.S., the company provides its
customers local expertise backed by a national supply chain. Core
& Main’s nearly 5,500 associates are committed to helping their
communities thrive with safe and reliable infrastructure. Visit
coreandmain.com to learn more.
Cautionary Note Regarding 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 concerning Core
& Main’s financial and operating outlook, as well as any other
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“potential,” “continue,” “preliminary,” or the negative of these
terms or other comparable terminology. Although we believe that the
expectations reflected in the forward-looking statements are
reasonable, we can give you no assurance these expectations will
prove to have been correct. These forward-looking statements relate
to future events or our future financial performance and involve
known and unknown risks, uncertainties and other factors that may
cause our actual results, levels of activity, performance, or
achievements to differ materially from any future results, levels
of activity, performance, or achievements expressed or implied by
these forward-looking statements.
Additional information concerning these and other factors can be
found in our filings with the Securities and Exchange Commission.
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on our behalf are expressly qualified in their entirety by the
foregoing cautionary statements. All such statements speak only as
of the date made and, except as required by law, we undertake no
obligation to update or revise publicly any forward-looking
statements, whether as a result of new information, future events,
or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20240506715468/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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