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New Deal


Announced

Completed

Core & Main completed the acquisition of L & M Bag & Supply.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

silt fence

Majority

Domestic

Friendly

Single Bidder

erosion control blankets

United States

weed control fabrics

Specialty Retailers

Acquisition

geotextile fabrics

Completed

Synopsis

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Core & Main, a US distributor of water, sewer and fire protection products, completed the acquisition of L & M Bag & Supply, a distributor of industrial and oilfield products. Financial terms were not disclosed. "L & M is an exceptional company with a strong history in geotextiles and geosynthetics, and a well-developed erosion control materials manufacturing operation. This strategic opportunity will allow us to enhance Core & Main's erosion control expertise to further serve our customers nationwide," Steve LeClair, Core & Main CEO.

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