ST. LOUIS - Core & Main Inc. (NYSE: CNM), a company specializing in infrastructure solutions, has announced a definitive agreement to acquire ACF West Inc., a distributor of geosynthetic materials. The acquisition, which aims to expand Core & Main's footprint in the western United States, will enhance their distribution capabilities and broaden their product and service offerings in the region.
ACF West, known as NW Geosynthetics Inc., has been a prominent player in the geosynthetics industry for over thirty years, providing soil stabilization solutions to municipalities, contractors, and Department of Transportation customers. Operating from six locations across Oregon, Washington, Idaho, and Utah, the company has built a reputation for its knowledgeable staff and reliable customer service.
Steve LeClair, CEO of Core & Main, expressed enthusiasm about the growth opportunities this acquisition presents. He highlighted the potential for extending distribution reach and improving product and service offerings in the geosynthetic sector.
Brad Cowles, president of Core & Main, also commented on the acquisition, stating that ACF West's offerings complement Core & Main's existing business well and that they are eager to welcome the ACF West team.
Susan Schmidt, president of ACF West, reflected on the legacy of the company she built with her late husband, Dick, and expressed confidence in the partnership with Core & Main. She anticipates that this new chapter will honor the company's legacy and provide opportunities for team member growth and development.
Core & Main, headquartered in St. Louis, serves as a specialized distributor focusing on water, wastewater, storm drainage, and fire protection products and related services. With approximately 320 locations across the U.S., the company is committed to ensuring safe and reliable infrastructure in communities nationwide.
The transaction details were not disclosed in the press release. Core & Main's forward-looking statements suggest optimism for the company's financial and operating outlook following the acquisition, yet also acknowledge that these projections are subject to risks and uncertainties that could cause actual results to differ.
This news is based on a press release statement from Core & Main.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.