Home Depot's $4.3B Acquisition of GMS Boosts Focus on Pro Market
TL;DR Summary
Home Depot's $5 billion acquisition of building-products distributor GMS exemplifies its strategic focus on expanding into the professional contractor market, following a major previous acquisition of SRS Distribution, and highlights its disciplined and thoughtful approach to mergers and acquisitions to sustain long-term growth.
Topics:business#business#gms-acquisition#home-depot#manda-strategy#professional-contractors#retail-industry
- Home Depot's $5 billion purchase of an unsexy building products distributor is a prime example of smart M&A Fortune
- Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros CNBC
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- Buy Home Depot (HD) or GMS (GMS) Stock After Acquisition Announcement? Yahoo Finance
- Home Depot buying specialty building products distributor GMS in deal worth about $4.3B ABC News - Breaking News, Latest News and Videos
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