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Home Depot's SRS subsidiary acquired GMS for $4.3 billion to strengthen its penetration in the professional market with ...
The retailer’s recent acquisition of building supply distributor GMS is another sign Home Depot is going after the big guys — ...
Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals. Shares of ...
In today’s CEO Daily: Phil Wahba on Home Depot’s $4.3 billion acquisition of GMS. The big story: Trump’s 50% tariff on copper ...
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Retail Insight Network on MSNHome Depot to buy building products firm GMS for $5.5bnThe retailer’s SRS subsidiary will initiate a cash tender offer to acquire all GMS common stock for $110 per share.
In its largest acquisition ever, Home Depot is expanding its business targeting professional contractors and builders as the home fixer-upper market stalls. Home Depot announced Thursday that it ...
Home Depot said one of its business units was buying building-products distributor GMS for some $4.3 billion, prevailing in a ...
Home Depot's push into the pro market began in earnest last year, when the company dropped $18.5 billion to buy SRS Distribution.
Home Depot's planned acquisition of SRS Distribution aligns with its strategy, but its impact is not expected until next fiscal year. Thomas Barwick/DigitalVision via Getty Images Investment Thesis ...
Home Depot is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little over a year that emphasizes a deliberate push by the home improvement ...
On the third-quarter earnings call, Home Depot said the acquisition was expected to contribute $6.4 billion just in the seven months or so that the business is part of the retailer in fiscal 2024.
In its largest acquisition ever, Home Depot is expanding its business targeting professional contractors and builders as the home fixer-upper market stalls. Home Depot announced Thursday that it is ...
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