Carrollton-based EGW Utilities has been acquired by St. Louis-based Core & Main Inc., which said it is a leader in advancing reliable infrastructure with local service, nationwide.
EGW is a distributor of products and services to underground utility contractors and municipalities. Terms of its acquisition were not disclosed.
“Our team has been providing innovative solutions to our customers for more than 20 years,” EGW founder and CEO Phil Wiegers said in a statement. “We’re successful because we’re committed to doing the right thing and delivering high-quality products and superior service with the utmost integrity. These are values we share with Core & Main, and that played a big role in our decision to join forces. The dedication Core & Main shows to its employees and customers, gives me confidence that our future is in good hands, and I’m truly energized about all the great things we can achieve together.”
EGW said it has provided reliable underground utility infrastructure products and services since 2001.
“With the acquisition of EGW, we are excited to expand our product offering and service capabilities in the underground utility industry,” Steve LeClair, chairman and CEO of Core & Main, said in a statement. “Their team brings a wealth of knowledge and technical expertise and will be a wonderful complement to our existing business in this area.”
More on Core & Main
Core & Main President Brad Cowles said the combination makes the company stronger.
“EGW is a solid strategic and cultural fit for us, with a team that has deep understanding and experience in the underground utility market,” Cowles said in a statement. “By bringing our two teams together we’ll establish increased capacity and create exciting growth opportunities for their team members, while providing added value for our customers. We look forward to welcoming the EGW team into the Core & Main family.”
As a leading specialized distributor with a focus on water, wastewater, storm drainage, and fire protection products and related services, Core & Main said it provides solutions to municipalities, private water companies, and professional contractors across municipal, non-residential and residential end markets.
It has more than 350 locations across the U.S. and provides customers with local expertise backed by a national supply chain. Core & Main has nearly 5,500 associates.
Get on the list.
Dallas Innovates, every day.
Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.