Add-on Acquisition • Distribution

Core & Main Acquires HM Pipe Products

On July 9, 2024, Core & Main acquired distribution company HM Pipe Products

Acquisition Context
  • This is Core & Main’s 20th transaction in the Distribution sector.
  • This is Core & Main’s 1st transaction in Canada.
  • This is Core & Main’s 1st transaction in Ontario.

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M&A Deal Summary

Date July 9, 2024
Target HM Pipe Products
Sector Distribution
Buyer(s) Core & Main
Deal Type Add-on Acquisition

Target Company

HM Pipe Products

Cambridge, Ontario, Canada
HM Pipe Products is a distributor of water and wastewater products. The experienced team operates from two locations in London, Ontario, and Kitchener, Ontario. HM Pipe Products was established in 2010 and is based in Cambridge, Ontario.
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Buyer Overview 1

Buyer

Core & Main

St. Louis, Missouri, United States

Category Company
Founded 1874
Sector Distribution
Employees5,700
Revenue 7.4B USD (2025)
DESCRIPTION

Core & Main is a distributor of water, sewer, storm, fusible piping, and fire protection infrastructure products that serves the needs of both contractors and municipalities in all aspects of the water, wastewater, clean water, landfill, energy, and fire protection industries. Core & Main was founded in 1874 and is based in St. Louis, Missouri.


Deal Context for Buyer #
Overall 30 of 35
Sector: Distribution 20 of 24
Type: Add-on Acquisition 29 of 34
State: Ontario 1 of 2
Country: Canada 1 of 2
Year: 2024 6 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-08 Geothermal Supply

Horse Cave, Kentucky, United States

Geothermal Supply is a distributor and fabricator of high-density polyethylene (HDPE) pipe and other related products, primarily serving the geothermal, water, and sewer industries. Geothermal Supply is based in Horse Cave, Kentucky.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-12 GroGreen

Peachtree Corners, Georgia, United States

GroGreen provides a comprehensive portfolio of erosion control and geotextile products for professional and industrial projects. GroGreen was formed in 2008 and is based in Peachtree Corners, Georgia.

Buy -