Home Depot is acquiring building materials distributor GMS for $4.3 billion to strengthen its “Pro” contractor business and expand into drywall, ceilings, and steel framing. Analysts support the ...

Home Depot continues to appeal to a contractor customer base. Home Depot made a key acquisition to corner the pro market—but some analysts say it overpaid at $4.3 billion ...

Home Depot's SRS subsidiary acquired GMS for $4.3 billion to strengthen its penetration in the professional market with long-term payoff in the consumer market too.

Home Depot goes after pro market with $4.3B acquisition The retailer has inked a deal for its SRS Distribution subsidiary to acquire GMS, which specializes in drywall, ceilings and steel framing.

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 ...

Home Depot subsidiary to acquire building products distributor. Home Depot announced an agreement for one of its subsidiaries to acquire GMS Inc., a major specialty building products distributor ...

This big win comes after major building products provider QXO had submitted a $5 billion cash bid for GMS. The transaction in Home Depot's latest acquisition is expected to be completed by the end ...

Home Depot & GMS Outlook Based on Zacks' estimates, GMS’s total sales are expected to be virtually flat in its current fiscal year 2026 but are projected to rise 3% in FY27 to $5.68 billion.

"“The acquisition of ADG allows us to build on our momentum with Pro planned spend and is expected to expand our total addressable market by approximately $50 billion." Advertisement About Our Ads ...

Home Depot is buying specialty building products distributor GMS for $4.3 billion, emphasizing a deliberate push by the home improvement chain into building and materials supply.

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 ...