Core & Main Acquires J.W. D'Angelo Co. and Foster Supply

August 9, 2023

Core & Main Inc. (NYSE: CNM) has agreed to acquire J.W. D'Angelo Co., a Southern California fire protection and waterworks distributor, and to acquire substantially all assets of Foster Supply (Foster Supply Inc. and R.P. Foster Inc.), a precast concrete, drainage and geosynthetics provider operating in Kentucky, Tennessee and West Virginia. The deals expand Core & Main's regional footprint in Southern California and strengthen its geosynthetics and precast concrete capabilities across the eastern U.S.

Buyers
Core & Main Inc.
Targets
J.W. D'Angelo Co., Inc., Foster Supply (Foster Supply Inc. and R.P. Foster Inc.)
Sellers
J.W. D'Angelo Co., Inc., Foster Supply Inc., R.P. Foster Inc.
Location
United States
Transaction Type
Buyout

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