FAQ: Lehman Pipe's Strategic Acquisition of Cole Industrial

What is the main purpose of Lehman Pipe’s acquisition of Cole Industrial?

The acquisition aims to combine the industrial expertise of Cole Industrial with Lehman Pipe’s commercial foundation to offer customers an expanded product offering, enhanced inventory availability, and more tailored solutions across various markets.

Why is this acquisition significant?

This partnership is significant because it brings together two industry leaders with shared values and complementary strengths, focusing on long-term growth and delivering exceptional value to customers and communities.

How will the acquisition affect Cole Industrial’s operations?

Cole Industrial will continue operating under its name as the industrial division of Lehman Pipe, retaining its trusted team but now supported by broader resources and expanded capabilities.

Who is involved in this acquisition?

Lehman Pipe and Supply, LLC, a portfolio company of Rotunda Capital Partners, is acquiring Cole Industrial, with both teams coming together to serve customers better.

What are the benefits of this acquisition for customers?

Customers will benefit from an expanded product offering, enhanced inventory availability, more tailored solutions, and the potential to reduce total project costs and increase efficiency.

When does this acquisition take effect?

The article does not specify an exact date, but it mentions that over time, both organizations will adopt shared technologies, tools, and best practices.

Where is this acquisition applicable?

The acquisition is particularly relevant to customers in Florida and beyond, serving vertical markets including industrial, commercial, plumbing, mechanical, and fire protection.

What should existing customers of Cole Industrial and Lehman Pipe know?

Existing customers should know that their trust made this partnership possible, and it is designed with their success in mind, offering unmatched service, reliability, and value.

How can prospective customers engage with the unified company?

Prospective customers can look forward to the company earning their business by delivering exceptional service, reliability, and value, as highlighted by the leadership of both Lehman Pipe and Cole Industrial.

Who can I contact for more information about this acquisition?

For more information, visit Lehman Pipe’s website at www.lehmanpipe.com or contact their customer service for inquiries.