Core & Main to acquire Geothermal Supply Company, terms not disclosed

Core & Main Inc. has entered into a definitive agreement to acquire substantially all of the assets of Geothermal Supply Company Inc. GSC is a leading distributor and fabricator of high-density polyethylene pipe and other related products, primarily serving the geothermal, water and sewer industries from a single location in Kentucky. “Adding GSC to the Core & Main family will create exciting new opportunities for us in an important and expanding area for HDPE. The GSC team’s wealth of knowledge and expertise in the industry fit in well with our existing fusible product offering, and we are confident this will be a positive partnership for both new and existing customers,” said Steve LeClair, chairman and CEO of Core & Main. GSC has been a leading provider of HDPE products since its start in 1996. GSC provides an array of fusible offerings specifically designed to aid in installing and maintaining geothermal systems, as well as water and sewer. “GSC has set an exceptional example with their unwavering commitment to providing top-notch service and building strong customer relationships,” said Jack Schaller, president of Core & Main. “We look forward to welcoming them to Core & Main and incorporating their expertise to further strengthen our fusible offerings.”