Core & Main Inc. (NYSE: CNM), a St. Louis-based distributor of water, sewer and fire protection products, announced Wednesday that it has agreed to acquire CES Industrial Piping Supply, a Kansas City-based, full-service provider of HDPE (high-density polyethylene) products and services. Financial terms were not disclosed.
“A full-service provider like CES Industrial Piping aligns with the dependable expertise we offer in fusible HDPE, which is a growth area for us,” said Steve LeClair, CEO of Core & Main. “The team in Kansas City offers a one-stop shop for HDPE products, fabrication and installation, a complete package that gives customers confidence in adopting a new product.”
Founded in 1997, CES Industrial Piping Supply offers a full line of HDPE pipe, fittings and fusion machines. The company serves such markets as industrial, oil and gas, water, wastewater, wind energy, landfill, mining, environmental and power plants.
Core & Main currently serves the Kansas City region from its locations in Blue Springs, Missouri and Olathe, Kansas.
“We’re excited to expand our HDPE presence in the Kansas City area by bringing CES Industrial Piping Supply into the Core & Main family,” said Jack Schaller, president of Core & Main Waterworks. “They are a team to count on and the proof is in the quality of their field work and loyalty of their customers.”
Added Greg Smith, owner of CES Industrial Piping Supply: “I’m immensely proud of the success our team has achieved and all we have accomplished at CES Industrial Piping Supply. We are thrilled that the Core & Main team shares our commitment to providing a family-oriented culture with a focus on exceeding customer expectations. We are eager to work with the local Core & Main teams to enhance our product and service offering, and gain access to an even broader customer base and larger product portfolio.”