Home Depot Acquired GMS
- brg_news_room
- Sep 8
- 1 min read
US: The Home Depot has finalized the acquisition of GMS Inc. through its speciality trade distribution subsidiary, SRS Distribution Inc., in a deal valued at approximately US$ 5.5 billion. GMS is a major distributor of specialty building materials, including drywall, ceilings, steel framing, and related products for residential and commercial construction.
The agreement, previously announced, is expected to expand SRS’s product categories and strengthen its distribution network. “The addition of GMS further enhances SRS's position as a leading multi-category building materials distributor, bringing differentiated capabilities, product categories and customer relationships that are highly complementary to SRS's business today," said Ted Decker, chair, president and CEO of The Home Depot.
Source: DIY International
