Home Depot's 1.76% Rally Driven by $2.45B Volume, 28th in Market Activity Following GMS Buyout

On September 5, 2025, , , ranking 28th in market activity. , a leading distributor of specialty building materials such as drywall, ceilings, and steel framing. The deal, finalized through its subsidiary SRS Distribution, expands Home Depot’s reach into commercial and residential construction markets.

The integration of GMS strengthens SRS’s position as a multi-category building materials distributor, enhancing cross-selling opportunities and customer relationships. CEO emphasized the strategic alignment, noting the combined entity’s ability to serve professional contractors across project lifecycles, from large-scale renovations to smaller repairs. , which laid the groundwork for its Pro-focused distribution platform.

, , meeting all regulatory conditions. Post-merger, GMS became a direct subsidiary of SRS, positioning Home Depot to consolidate its dominance in fragmented building-supply markets. Analysts highlight the move as a pivotal expansion into interior commercial contracting, a sector previously underserved by big-box retailers. The deal also reshapes competition, .

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