Core & Main, headquartered in St. Louis, Missouri, distributes products used for water, wastewater, storm drainage, and fire protection in the United States. Customers include municipalities, private water companies, and professional contractors.[1] The company has 370 branch locations in 49 U.S. states, 60,000 customers, and sells 225,000 products.[1]
In fiscal 2024, 67% of the company's sales were pipes, valves, and piping and plumbing fittings, 16% of the company's sales were products for storm drainage, 8% of the company's sales were products for fire protection, and 9% of the company's sales were products for water metering.[1] In fiscal 2024, 42% of sales were from the municipal construction sector, 38% of sales were from the non-residential construction sector, and 20% of sales were from the residential construction sector.[1]
The company is ranked 497th on the Fortune 500.[2]
History
In 2005, Home Depot acquired National Waterworks Holdings. It was merged with Hughes Supply and became HD Supply Waterworks.[1]
In August 2017, Clayton, Dubilier & Rice acquired HD Supply Waterworks and changed its name to Core & Main.[3][4]
In July 2021, the company became a public company via an initial public offering.[5]
Acquisitions
Financials
External links
References
- Core & Main, Inc. 2024 Form 10-K Annual Report U.S. Securities and Exchange Commission, March 25, 2025^
- Fortune 500: Core & Main Fortune^
- HD Supply Waterworks Changes Name To Core & Main wateronline.com, August 30, 2017^
- HD Supply Completes Sale of its Waterworks Business Unit to Clayton, Dubilier & Rice GlobeNewswire, August 1, 2017^
- CD&R-backed Core & Main valued at $7 billion as shares rise in debut Reuters, July 23, 2021^
- Core & Main Signs Definitive Agreement to Acquire Long Island Pipe GlobeNewswire, 8 May 2019^
- Core & Main closes acquisition of Maskell Pipe & Supply waterfm.com, February 5, 2019^
- Core & Main Signs Definitive Agreement to Acquire DCL Fabrication & Supply Inc. Industrial Distribution, January 23, 2019^
- Core & Main Adds To Waterworks, Acquires DOT Sales Company Industrial Distribution, August 15, 2018^
- Core & Main Acquires DOT Sales Company, Adds to Growing Waterworks Business Industrial Distribution, July 31, 2018^
- Andrew Withers. Core & Main acquires St. Louis maker of fire protection products St. Louis Post-Dispatch, June 18, 2018^
- Core & Main to Acquire Minnesota Pipe & Equipment Industrial Distribution, September 28, 2017^