Core & Main to acquire GroGreen, completes purchase of HM Pipe
This week, Core & Main Inc. has entered into a definitive agreement to acquire GroGreen Solutions Georgia, LLC (GroGreen), a provider of erosion control products with four locations across the Southeastern U.S. The company has also closed its previously announced acquisition HM Pipe Products LP and HM Pipe Products Kitchener LP (collectively, HM Pipe Products). HM Pipe Products is a Canadian distributor of water and wastewater products with two locations, one in London, Ontario and one in Kitchener, Ontario.
“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.”
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.
“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.”
“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.”
INDUSTRIAL SUPPLY MAGAZINE
The November/December issue of Industrial Supply magazine features an in-depth cover story about Kimball Midwest. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Mike Marks, as well as interviews with numerous product and distribution industry experts.
