Core & Main, Inc. (NYSE:CNM) has entered into a definitive agreement to acquire substantially all of the assets of Lee Supply Company Inc. on November 14, 2023. As part of transaction, Core & Main also assumed certain liabilities of Lee Supply Company.

Core & Main, Inc. (NYSE:CNM) completed the acquisition of substantially all of the assets of Lee Supply Company Inc. on January 16, 2024. Core & Main also closed other acquisitions during fiscal 2023 with an aggregate transaction value of $244 million, subject to working capital adjustments. These transactions were funded with cash.