Core & Main Signs Agreement to Acquire Pioneer Supply
Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has entered into a definitive agreement to acquire Pioneer Supply, a distributor of water, wastewater and storm drainage products with locations in Moore, Oklahoma, and Weatherford, Texas.
“Pioneer Supply represents a wonderful opportunity to expand our presence in Texas and Oklahoma,” said Brad Cowles, president of Core & Main. “Their strong reputation for quality and service perfectly complements our mission to deliver exceptional value to our customers. Together, we will be able to expand our reach and create even greater opportunities for growth and success.”
Established in 1963, Pioneer Supply supports customers across the municipal, residential, and non-residential end-markets.
“Pioneer Supply is proud to join the Core & Main family, given our companies’ shared focus on culture and supplying the best products and expertise to our customers,” said Pioneer Supply CEO William Dozier. “What began with a 4-person team supplying materials for the Oklahoma municipal water and sewer systems has grown into a trusted, multi-state supplier of products and services. We meet a variety of needs for our customers, and we are excited to bring that dedication to
Core & Main.”
