Home Depot Buys GMS Inc. for $4.3B in Strategic Move

  Published 1 year ago

Home Depot acquires GMS Inc. for $4.3B to boost contractor ties and expand specialty product offerings.

  • Deal includes $110/share tender offer by SRS Distribution, aiming to close by fiscal 2025.
  • GMS distributes drywall, ceilings, and steel framing for residential and commercial construction projects.
  • Home Depot previously bought SRS Distribution for $18.25B to serve roofers, landscapers, and pool contractors.

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