Home Depot, Construction Products Distributor GMS

Home Depot wants homeowners to improve the bottom line if the home improvement or absence of the house.

Therefore, the company paid $ 4.3 billion this week, won a proposal war for the distributor of products. The purchase is among a number of actions in a large box retailer to a critical direction of commercial contractors.

Also read: OPEC + wants to go to the top and Microsoft cuts 9000 employees

Retail roots of the house, historically developed a window for homeowners who solve great home improvement projects with the mentality of yourself. In 2025, is the problem with that strategy? Thanks to high interest rates in home sales, almost no one is already doing DIY home landscaping projects. Therefore, the retailer is looking for avenues to direct the last few years to a fixed work professional Construction projects (Sorry, suburban fathers, but use power tools and “don’t worry, I’m not a pro”.

The Pro market was launched in the SRS distribution to push the supply, houses and other specialists, landscapes, roofs and other specialists, landscapes and other specialists in the Pro market. 35% award, including the stock price and debt of society, the total enterprise value of $ 5.5 billion in price GMS –

• Taker, Georgia, GMS, located in the GMS, about 320 distribution centers operate and sold, products and trade workplaces such as machines and steel frames.

• Home Depot, BIG-BOX complements to get through the SRS that will remain a subsidiary company. Together, GMS and SRS said, “There are more than 1,200 seats and more than 8,000 trucks that can prepare the supply of tens of thousands of workers per day,” he said.

Build your own business: Home Depot’s tender-war heart is a loss of billionaire Brad Jacobs. The company that connects Jacobs last year, GXO, the unification empire began in order to form a combination and purchase. GMS was the last target of Jacobs; Last week, the company offered $ 5 billion for the company and had an enemy captured if the offer was rejected. As a result, the house warehouse preferred this offer. It means building a larger construction work, Jacobs can rely on a little less and a little more DIY soul.

This post appeared first Daily reverse. Razor about activities, economics and markets to get sharp analysis and perspective Daily reverse Bulletin.