Announced
Financials
Tags
fire protection
Pending
fire safety equipment
Security Equipment
Acquisition
Single Bidder
Majority
Friendly
United States
Private
Synopsis
Core & Main, a US-based distributor of water, sewer and fire protection products, agreed to acquire R&B Co, which provides municipalities with a line of active fire protection products and equipment. Financial terms were not disclosed. "The addition of R&B will allow us to grow by broadening our customer base and expanding our end markets. Because our products and services are complementary, we have a great opportunity to learn from one another, and strengthen the best of both companies for the benefit of our customers and associates," Steve LeClair, Core & Main CEO.
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