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Market commentary Mar 2006 · Northeast Verified

Colonial Commercial Corp. Seeks Acquisitions in Northeast HVAC/Plumbing Distribution

Colonial Commercial Corp.'s CEO stated the company is actively looking for acquisition opportunities as part of its growth strategy to become a leading provider of HVAC and plumbing products in the Northeast. This signals potential future M&A activity in the home-service distribution sector.

“Bernard Korn, CEO and Chairman of the Company, said "We are pleased with our growth, and continue with our plans to expand current locations, open new locations, and look for acquisition opportunities. Our goal is to be a leading provider in the Northeast of quality residential and commercial heating, air conditioning and high grade plumbing products and accessories."”

Entities

HVACPlumbing Sentiment: Positive

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