Home Depot buying supplier to professional contractors in a deal valued at about $18.25B

Published March 28, 2024 4:28 AM

Home Depot is buying SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion. The home improvement retailer said Thursday that the acquisition will help speed up its growth with the contractors. SRS provides materials for those including professional roofers, landscapers and pool contractors.

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