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HD Supply Waterworks, an HD Supply business that distributes water, sewer, fire protection and storm drain products, has entered into a definitive agreement to purchase Rexford-Albany Municipal Supply Company (RAMSCO). Headquartered in Watervliet, NY, RAMSCO is a full-line waterworks distributor specializing in water, sanitary and storm sewer materials and services.
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The purchase of RAMSCO enhances HD Supply Waterworks' ability to meet the demand of increasing infrastructure needs in the northeastern United States.
RAMSCO currently operates four branches located in New York state, including Watervliet, Utica, Rochester and Binghamton. The business will be fully integrated into HD Supply Waterworks and will begin operating under the HD Supply Waterworks brand.
HD Supply also announced "it is currently exploring strategic alternatives" for its plumbing/HVAC businesses. Presently, there will be no changes to the business, according to a company spokesperson, but the company is pursuing "strategic opportunities" for the segment.