$5.5 Billion Deal Solidifies Power Position! Home Depot Builds the Largest Construction Supply Network in North America With GMS!
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The home improvement chain Home Depot (i)(HD) continues its expansion in the professional construction sector with full force. Following the billion-dollar acquisition of SRS Distribution in 2024, the next significant step has now been taken. For $5.5 billion, the giant retailer is acquiring the specialty construction supplier GMS. This merger creates an extensive network of over 1,200 locations and 8,000 trucks, firmly positioning Home Depot as the dominant provider for professional contractors in the USA and Canada. Home Depot on expansion course...
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