Core & Main to acquire Dana Kepner Company, terms not disclosed

Core & Main has entered into a definitive agreement to acquire Dana Kepner Company LLC, and associated entities. Dana Kepner is a distributor of water, wastewater, storm drainage, and geotextile products, along with specialty tools and accessories. The acquisition is subject to regulatory approval and other customary closing conditions. “The team at Dana Kepner recognizes the importance of providing local expertise to its customers in the waterworks industry. Like the Core & Main team, they add value by serving as knowledgeable and trusted advisors to municipalities and contractors,” said Steve LeClair, chief executive officer of Core & Main. “We are excited about this opportunity to extend our geographic reach, expand the range of products and services that we offer, and add key talent into our organization.”