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July 1, 2025

Home Depot buys building products supplier for $5B

By MICHELLE CHAPMAN
AP Business Writer

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Home Depot purchased SRS Distribution, a materials provider for professionals, for more than $18 billion including debt.

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 chain into building and materials supply.


 
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