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Home Depot to Acquire GMS for $4.3 Billion

posted a day ago

Home Depot to Acquire GMS for $4.3 Billion single-panel cartoon

“When your home project accidentally includes the neighbors.”

Home Depot announced plans to purchase GMS, a building-products distributor, for approximately $4.3 billion. This acquisition aims to enhance Home Depot's sales from contractors and other home professionals, reflecting the retailer's strategy to expand its market reach.

Source: Home Depot SRS Distribution buys GMS (cnbc.com)
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