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 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'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 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 ...

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 is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little over a year ... and SRS will provide the residential and commercial Pro ...

Lowe's narrows the gap with Home Depot through digital upgrades, Pro growth and value pricing as both stocks face shifting home trends.

Home Depot remains a top choice in the home improvement sector despite recent stock underperformance. Read why I rate HD ...

"“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 ...