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Core & Main Signs Agreement to Acquire GroGreen Solutions Georgia LLC

Core & Main Signs Agreement to Acquire GroGreen Solutions Georgia LLC

Core & Main签署协议收购GroGreen Solutions Georgia LLC
Core & Main ·  08/12 00:00

ST. LOUIS--(BUSINESS WIRE)-- Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has entered into a definitive agreement to acquire substantially all of the assets of GroGreen Solutions Georgia, LLC (GroGreen), a leading provider of erosion control products with four locations across the southeastern United States.

St. LOUIS--(BUSINESS WIRE)--Core & Main Inc. (纽交所: CNM)是可靠地推进本地服务的基础设施的领先者,在全国范围内进入了一项最终协议,收购了GroGreen Solutions Georgia,LLC(GroGreen)的几乎所有资产,GroGreen是在美国东南部拥有四个地点的侵蚀控制产品的主要提供商。

"The GroGreen team's extensive industry expertise and broad product offering complement our existing geosynthetics product portfolio exceptionally well," said Steve LeClair, chair and CEO of Core & Main. "GroGreen has a strong presence and outstanding distribution capabilities in the Southeast, which will allow us to accelerate our growth in the region."

“GroGreen团队丰富的行业专业知识和广泛的产品组合非常完美地补充了我们现有的土工合成材料产品组合,”Core & Main的主席兼首席执行官Steve LeClair说。“GroGreen在东南部拥有强大的存在和优秀的分销能力,这将允许我们加速该地区的增长。”

Since 2008, GroGreen has established itself as a leading provider of a comprehensive portfolio of erosion control and geotextile products for professional and industrial projects. They consistently deliver value-added solutions to help meet their customers' unique site solution needs from four locations, two in Georgia, one in Florida and one in Mississippi.

自2008年以来,GroGreen已经成为专业和工业项目的侵蚀控制和土工织物产品综合组合的主要提供商。他们不断为促进值得信赖的解决方案而努力,在佐治亚州的两个地点、佛罗里达州的一个地点和密西西比州的一个地点满足客户独特的场地需求。

"GroGreen's commitment to providing superior service and high-quality products to address the erosion control concerns of their customers makes them a strong strategic fit for us," said Brad Cowles, president of Core & Main. "It is clear that they share our commitment to being a trusted and dependable partner, and we look forward to having them join the Core & Main family."

“GroGreen致力于为客户提供卓越的服务和高质量的产品,以解决客户的侵蚀控制问题,这使他们与我们具有强大的战略契合度,”Core & Main的总裁Brad Cowles说。“显然他们与我们有着共同的承诺,成为值得信赖的可靠伙伴,我们期待着他们加入Core & Main大家庭。”

"Our talented team takes considerable pride in consistently providing reliable products and support to help our customers' projects succeed," said Greg Jarrell, CEO of GroGreen. "I am excited for my team to start a new chapter with Core & Main, who not only shares this mindset but also provides an array of new and exciting resources and future growth opportunities for them."

“我们才华横溢的团队非常自豪地一直为客户的项目提供可靠的产品和支持,”GroGreen的首席执行官Greg Jarrell说。“我为我的团队能够与Core & Main开始新的篇章感到兴奋,他们不仅与我们有着相同的态度,而且为他们提供了一系列新的激动人心的资源和未来的增长机会。”

About Core & Main

关于Core&Main

Based in St. Louis, Core & Main is a leader in advancing reliable infrastructure with local service, nationwide. As a leading specialized distributor with a focus on water, wastewater, storm drainage and fire protection products and related services, Core & Main provides solutions to municipalities, private water companies and professional contractors across municipal, non-residential and residential end markets, nationwide. With more than 350 locations across the U.S., the company provides its customers local expertise backed by a national supply chain. Core & Main's nearly 5,500 associates are committed to helping their communities thrive with safe and reliable infrastructure. Visit coreandmain.com to learn more.

康迈公司总部位于圣路易斯,是一家在全国范围内推动可靠基础设施发展的领先企业。作为一家专业分销商,专注于水、废水、雨水排放和消防保护产品以及相关服务,康迈公司为政府机构、私营水务公司和专业承包商在市政、非住宅和住宅市场提供解决方案。该公司在全美拥有350多个分支机构,为客户提供当地专业知识,并具备全国供应链的支持。康迈公司的近5500名员工致力于帮助他们所在的社区以安全可靠的基础设施蓬勃发展。请访问coreandmain.com了解更多信息。

Cautionary Note Regarding Forward-Looking Statements

关于前瞻性声明的谨慎说明

Certain statements contained in this press release include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include information concerning Core & Main's financial and operating outlook, as well as any other statement that does not directly relate to any historical or current fact. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "could," "should," "forecasts," "expects," "intends," "plans," "anticipates," "projects," "outlook," "believes," "estimates," "predicts," "potential," "continue," "preliminary," or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we can give you no assurance these expectations will prove to have been correct. These forward-looking statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements.

本新闻稿中包含的某些声明包括《1995年私人证券诉讼改革法》中的“前瞻性声明”。前瞻性声明的示例包括有关Core & Main的财务和运营前景的信息,以及与任何历史或当前事实无直接关系的任何其他声明。在某些情况下,您可以通过类似于“可能”、“将”、“可能会”、“应该”、“预测”、“预期”、“旨在”、“计划”、“期望”、“估计”、“2024”、“潜在”、“继续”、“初步”等商业术语,或其他类似术语识别出前瞻性声明。尽管我们认为前瞻性声明中反映的期望是合理的,但我们不能保证这些期望将被证明是正确的。这些前瞻性声明涉及未来事件或我们未来的财务表现,并涉及已知和未知的风险、不确定性和其他因素,可能会导致我们的实际结果、活动水平、绩效或成就与这些前瞻性声明所表达的任何未来结果、活动水平、绩效或成就有所不同,无论是明示或暗示。

Additional information concerning these and other factors can be found in our filings with the Securities and Exchange Commission. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.

有关这些和其他因素的额外信息可以在我们提交给美国证券交易委员会的文件中找到。我们归属于我们或代表我们行事的所有前瞻性声明均在其整体上受到上述警告性声明的明确限制。所有这样的声明仅在发表之日起时有效,并且除非法律要求,否则我们不承担更新或公开修订任何前瞻性声明的义务,无论是基于新信息、未来事件还是其他原因。

Investor Relations:
Robyn Bradbury, 314-995-9116
InvestorRelations@CoreandMain.com

投资者关系:
Robyn Bradbury,314-995-9116
InvestorRelations@CoreandMain.com

Media Relations:
Jennifer Noonan, 314-750-9670
Jennifer.Noonan@CoreandMain.com

媒体关系:
Jennifer Noonan,314-750-9670
Jennifer.Noonan@CoreandMain.com

Source: Core & Main, Inc.
来源:advanced drainage,Inc.
声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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