Core & Main Inks Definitive Agreement To Acquire D'Angelo Co., Inc.; Financial terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Core & Main has signed a definitive agreement to acquire D'Angelo Co., Inc., a full-service provider of fire protection and waterworks products in Southern California. Financial terms of the deal were not disclosed.
June 12, 2023 | 8:59 pm
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Core & Main is set to acquire D'Angelo Co., Inc., a provider of fire protection and waterworks products in Southern California. The financial terms of the deal were not disclosed.
The acquisition of D'Angelo Co. will expand Core & Main's presence in the Southern California market and enhance its product offerings in fire protection and waterworks. This is likely to have a positive impact on CNM's stock price in the short term as it demonstrates growth and expansion.
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