March 31, 2023

CD&R announces agreement to buy HD Supply’s Waterworks business for $2.5 Billion

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PRESS RELEASE NEW YORK – June 6, 2017 – Clayton, Dubilier & Rice (“CD&R”) today announced an agreement with HD Supply Holding, Inc. (NASDAQ:HDS) to acquire its Waterworks business unit (“Waterworks”), the nation’s largest distributor of water, sewer, storm and fire protection products, for $2.5 billion. Through a carve-out transaction, Waterworks will become an independent […]