Core & Main has acquired select assets of California-based DOT Sales Company, a provider of waterworks products. No financial terms were disclosed. Core & Main is a portfolio company of Clayton Dubilier & Rice.
ST. LOUIS — Water, sewer and fire protection products distributor Core & Main LP, formerly HD Supply Waterworks, announced Tuesday that it has completed the acquisition of select assets of DOT Sales Company, a Southern California-based distributor and manufacturer’s representative of waterworks products. This acquisition marks the third by Core & Main since becoming an independent company in August 2017. Financial terms of the transaction were not disclosed.
“This acquisition will allow us to strengthen our reach in Southern California, an important market for our continued growth,” said Jack Schaller, president of Core & Main Waterworks. “We are dedicated to our purposeful pursuit of organic and inorganic growth initiatives, and we anticipate more acquisitions to follow, as we continue to identify companies that share a common vision for the future of their organizations and team members.”
“Core & Main will take over the existing DOT Sales facility in Fontana, Calif., giving us another key location and enhancing our ability to provide local expertise and first-class service to our customers,” said Ray Seigworth, regional vice president of Core & Main. “The DOT team members joining the Core & Main family bring a wealth of expertise in the waterworks industry and will make an immediate impact on our organization.”
Based in St. Louis, Core & Main is the largest distributor of water, sewer, storm drain and fire protection products in the U.S. Operating more than 245 branches nationwide, the company combines local expertise with a national supply chain to provide contractors and municipalities innovative solutions for new construction and aging infrastructure. Core & Main’s nearly 3,000 associates are committed to the safe distribution of water to grow and preserve life. Visit www.coreandmain.com to learn more.