Home Depot to buy building supply distributor SRS for $18.25B
Home Depot announced it will acquire SRS Distribution, which sells supplies to builders, roofers, landscapers and pool contractors, in a massive $18.25 billion deal that includes assumed debt. Home Depot said in an article: press release announced Thursday that it expects the transaction to close during the 2024 fiscal year, which ends at the end […]
Home Depot bulks up Pro-business with $18.25B deal for building products supplier SRS
National Retail Federation CEO Matt Shea explains how difficult it is to negotiate in an environment of ‘uncertainty’. The Home Depot aims to expand its professional customer base to better address lukewarm demand, buying building materials supplier SRS Distribution for $18.25 billion, the largest deal for a top U.S. home improvement chain. The company plans […]