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Core & Main, the leading U.S. distributor of water, sewer and fire protection products, announced that it has entered into a definitive agreement to acquire substantially all of the assets of DCL Fabrication & Supply, one of the leading providers of fire protection product fabrication and distribution in the St. Louis area and broader Midwest region. This acquisition marks the sixth by Core & Main since becoming an independent company in August 2017, including the June 2018 acquisition of the assets of St. Louis Fabrication & Supply. Financial terms are undisclosed.
“The acquisition of DCL significantly expands and enhances Core & Main’s custom fabrication capabilities throughout the Midwest and perfectly positions our combined organization to meet the growing fabrication and product distribution needs of our customers,” said Brad Cowles, president of Core & Main Fire Protection. “We’re excited to bring the DCL team on board. Under the guidance of Darrell Dick Jr., DCL has become a market-leading player with a keen focus on quality and customer satisfaction that is unparalleled in this area.”
Steve LeClair, CEO of Core & Main, said, “This acquisition significantly enhances our position in the region and we look forward to partnering with Darrell and his team to further build upon the solid foundation they’ve established and excellent reputation they have earned with their loyal customer base.”
Darrell Dick Jr., co-owner and vice president and operations manager of DCL, will serve as the branch operations manager following the acquisition.
“We have a long-standing presence in our region and we have grown our business steadily over the last 15 years," said Dick Jr. "We are thrilled to join the Core & Main family, which will provide tremendous opportunity to further develop our business throughout the Midwest, as we continue to provide first-class service to our customers. We were particularly attracted to Core & Main’s family-oriented culture and the value they placed on the expertise our associates will bring to the table.”
Update, Feb. 1, 2019 — Core &Main has closed on its previously announced acquisition of substantially all of the assets of DCL Fabrication & Supply. Going forward, DCL will operate as DCL Fabrication & Supply, a Core & Main Brand. DCL is one of the leading providers of fire protection product fabrication and distribution in the St. Louis area and broader Midwest region. Financial terms are undisclosed.
“We’re excited to welcome the DCL team into our Fire Protection business,” said Brad Cowles, president of Core & Main Fire Protection. “Our teams can now work together to provide a seamless transition for our customers as we combine our operations. We plan to grow our presence in St. Louis and the Midwest through our collective expertise, our extensive product offering and our expanded fabrication capabilities.”