Core & Main Enters Definitive Deal To Acquire Substantially All Assets Of GroGreen Solutions Georgia, LLC; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Core & Main has entered into a definitive agreement to acquire substantially all assets of GroGreen Solutions Georgia, LLC, a provider of erosion control products with four locations in the southeastern United States. The terms of the deal were not disclosed.
August 12, 2024 | 8:20 pm
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Core & Main has announced a definitive agreement to acquire substantially all assets of GroGreen Solutions Georgia, LLC. This acquisition will likely expand CNM's product offerings in erosion control and strengthen its market presence in the southeastern United States. The terms of the deal were not disclosed.
The acquisition of GroGreen Solutions Georgia, LLC by Core & Main is likely to have a positive short-term impact on CNM's stock price. The deal will expand CNM's product offerings in erosion control and strengthen its market presence in the southeastern United States. Although the terms of the deal were not disclosed, the strategic fit and potential market expansion are positive indicators.
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