Negative
24Serious
Neutral
Optimistic
Positive
- Total News Sources
- 1
- Left
- 0
- Center
- 0
- Right
- 0
- Unrated
- 1
- Last Updated
- 11 days ago
- Bias Distribution
- 100% Unrated


Home Depot Subsidiary Plans $5.5B Acquisition of GMS Building Distributor
Home Depot is expanding its presence in the building supply sector through its subsidiary SRS Distribution's acquisition of GMS Inc., a specialty building products distributor. The deal, valued at approximately $5.5 billion including debt, involves a cash tender offer of $110 per share, totaling about $4.3 billion in equity value. This acquisition builds on Home Depot's $18.25 billion purchase of SRS Distribution in 2024, aiming to broaden product offerings and improve service for professional contractors in both residential and commercial markets across the U.S. and Canada. The combined network will encompass over 1,200 locations and a significant delivery fleet, enhancing fulfillment and service options for professional customers. GMS will continue to operate under its current leadership as part of the SRS organization, with the transaction expected to close by the end of fiscal 2025. Home Depot's strategic move reflects its focus on professional builders amid shifting market dynamics post-pandemic.
- Total News Sources
- 1
- Left
- 0
- Center
- 0
- Right
- 0
- Unrated
- 1
- Last Updated
- 11 days ago
- Bias Distribution
- 100% Unrated
Negative
24Serious
Neutral
Optimistic
Positive
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