Further augmenting its push into the $410 billion maintenance, repair, and operations (MRO) marketplace, Atlanta-based The Home Depot on July 19 agreed to acquire $1.5 billion National Waterworks Holdings, the nation’s leading distributor of products used to build, repair, and maintain water and wastewater transmission systems. National Waterworks will operate as part of the company’s b-to-b division, Home Depot Supply. The transaction, subject to customary conditions, is expected to close in August.
National Waterworks, which sells directly to municipalities and contractors, has an approximately 14% share of the estimated $11 billion water and wastewater transmission equipment distribution business. It sells pipes, fittings, valves, meters, fire hydrants, and repair products used to transport water to and from residential and commercial locations.
In addition to the pending acquisition of National Waterworks, Home Depot recently acquired Utility Supply of America (USABlueBook), a catalog distributor of MRO supplies to the water and wastewater treatment industry.