The Home Depot to Acquire SRS Distribution for $18.25B
The Home Depot is a leading home improvement retailer with a vast network of stores, distribution centers, and product offerings across the United States. The company primarily caters to both do-it-yourself homeowners and professional contractors, offering a wide range of building materials, tools, and home improvement products.
The Home Depot has acquired SRS Distribution, a residential specialty trade distribution company, for approximately $18.25 billion through cash and debt. Home Depot continues to invest in its professional contractors segment.
Retail Dive: Home Depot to acquire building products supplier for $18.25B