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Home Depot has won a bidding war for GMS, striking a deal to buy the building-products distributor for $4.3 billion, or $5.5 ...
Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves ...
Home Depot is buying specialty building products distributor GMS Inc. in a deal valued at approximately $4.3 billion. Including debt, the deal value totals $5.5 billion. The transaction will ...
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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.
Aiming to expand its reach to professional contractors, Home Depot (HD) announced it will be acquiring GMS Inc. (GMS) for $4.3 billion or $5.5 billion when including debt.
The retailer’s recent acquisition of building supply distributor GMS is another sign Home Depot is going after the big guys — think entire home construction instead of bathroom renovations.
Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals.