Infrastructure supplies distributor Core & Main reached an agreement to acquire Winchester, VA-based Eastern Supply Inc. — a distributor of a broad range of storm drainage products and custom fabrication provider, and a related entity.

Besides Winchester, Eastern Supply has a secondary locatio in Greencastle, PA. For close to three decades, the company has provided drainage products to contractors, engineers and municipalities across the U.S. northeast. Its product portfolio includes steel, corrugated metal, plastic and concrete pipe, underground detention systems and storm water management.

“The extensive product knowledge and fabrication capabilities in water, wastewater and stormwater management that the Eastern Supply team brings to Core & Main will be a great contribution to our national waterworks expertise,” Core & Main CEO Steve LeClair said in a Jan. 9 news release.

READ MORE: MDM’s 2023 M&A Recap: A Mega Year in Dealmaking Activity (Premium)

“Eastern Supply has worked very hard over the years to build our reputation as an innovator and supplier-of-choice in this industry, and we are proud of the relationships we have built with our customers and suppliers,” added Tim Martin, Owner/President of Eastern Supply. “It is clear we share a fundamental set of values with Core & Main. Their focus on growth, collaborative associate development and customer satisfaction creates a lot of excitement for our team and the company.”

St. Louis-based Core & Main — No. 1 on MDM’s 2023 Top Distributors List for Industrial PVF and No. 9 for Industrial Distributors — completed eight acquisitions during 2023.

Secondary Public Offering

A day earlier, Core & Main announced the launch and upsizing of a secondary public offering by certain selling stockholders in the form of 17 million shares of its Class A common stock. The company is not offering any shares of Class A common stock in the offering and will not receive any proceeds.