Sources: Core & Main Inc., St. Louis; CP staff
Core & Main, a New York Stock Exchange-traded distributor of water, wastewater, storm drainage and fire protection products, plus related services, has entered a definitive agreement to acquire the assets of Catalone Pipe & Supply Co. Based in Penfield, Pa., the latter company specializes in waterworks products and services, plus custom concrete catch basins. Core & Main presently serves Pennsylvania from Allentown, Harrisburg, Latrobe, Plymouth Meeting and State College locations.
“A full-service provider like Catalone Pipe & Supply aligns with the dependable expertise we offer throughout the waterworks industry. The Catalone team has a strong history of providing the customer what they need, when they need it. We admire that kind of dependability,” says Core & Main CEO Steve LeClair.
“We’re excited to expand our waterworks footprint in the Northeast,” notes Core & Main Waterworks President Jack Schaller. “The group at Catalone Pipe & Supply works hard to exceed their customers’ expectations and deliver quality products.”
“I believe our team is second to none … a dedicated group of individuals and are passionate about what they do,” adds Craig Catalone, president. “I believe Core & Main shares that same passion. We are eager to start collaborating with their local teams to enhance our customer base and continue to bring quality products and services to our community.”