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Home Depot Acquires GMS for $5.5bn
ByAinvest
Thursday, Sep 4, 2025 10:46 am ET1min read
Home Depot has acquired GMS for approximately $5.5bn, expanding its distribution subsidiary SRS as a leading multi-category building materials distributor. The acquisition brings new product lines, customer relationships, and cross-selling synergies, further strengthening SRS's position. GMS provides wall panels, ceilings, and metal framing, complementing SRS's current business. The transaction was finalized following a tender offer and customary conditions being met.
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