Core & Main to Acquire Catalone

Core & Main signs agreement to acquire Catalone Pipe & Supply Co., a full-service provider of waterworks products in Pennsylvania.
Core & Main signs agreement to acquire Catalone Pipe & Supply Co., a full-service provider of waterworks products in Pennsylvania.

St. Louis-based Core & Main Inc. (NYSE: CNM), a specialized distributor of water, wastewater, storm drainage and fire protection products, announced Tuesday that it has entered into a definitive agreement to acquire substantially all of the assets of Catalone Pipe & Supply Co., a full-service provider of waterworks products and services, and custom concrete catch basins, based in Penfield, Pennsylvania.

“A full-service provider like Catalone Pipe & Supply aligns with the dependable expertise we offer throughout the waterworks industry,” said Steve LeClair, CEO of Core & Main. “The Catalone team has a strong history of providing the customer what they need, when they need it. We admire that kind of dependability.”

Financial details of the agreement were not announced.

Core & Main ranks No. 1 on MDM’s Top Distributors list for PVF distributors, with $3.6 billion in revenue in 2020.

The company also ranks No. 10 on MDM’s list for top industrial and construction distributors.

Core & Main currently serves Pennsylvania from its locations in Allentown, Harrisburg, Latrobe, Plymouth Meeting and State College.

“We’re excited to expand our waterworks footprint in the Northeast,” said Jack Schaller, president of Core & Main Waterworks. “The group at Catalone Pipe & Supply works hard to exceed their customers’ expectations and deliver quality products.”

Catalone Pipe & Supply offers water, wastewater, electrical conduits and concrete catch basins, among many other products, and distinguishes itself on supplying its customers with custom solutions to minimize installation time and costs, Core & Main said.

Earlier this month, Core & Main announced it had closed its previously reported acquisition of CES Industrial Piping Supply.

Related Posts

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.