News

Home Depot is acquiring building materials distributor GMS for $4.3 billion to strengthen its “Pro” contractor business and expand into drywall, ceilings, and steel framing. Analysts support the ...
The Home Depot, Inc. (NYSE:HD) is one of the top e-commerce stocks with long-term potential. On July 1, DA Davidson ...
Home Depot, the largest home improvement company on the Fortune 500, is leaning into a contractor customer base, announcing Monday its acquisition of specialty building products distributor GMS ...
The retailer’s recent acquisition of building supply distributor GMS is another sign Home Depot is going after the big guys — ...
Home Depot is buying specialty building products distributor GMS for $4.3 billion, emphasizing a deliberate push by the home improvement chain into building and materials supply.
Home Depot (NYSE:HD) recently entered into discussions to acquire GMS Inc., potentially creating a bidding competition with ...
Home Depot is strengthening its position in the professional contractor market with the acquisition of building materials ...
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. As a distributor of wallboard ...
Home Depot said it expects the acquisition to be completed by early 2026. Home Depot’s announcement also concludes a potential bidding war between the big-box retailer and billionaire Brad Jacobs.
That helped solidify Home Depot as a leader in roofing, landscaping, and pool supply retailing, according to the company’s announcement. While analysts say Home Depot’s acquisition of GMS will help ...
Home Depot heads deeper into the building supply business with $5 billion acquisition of GMS The acquisitions arrive as booming sales from the pandemic fade and Home Depot intensifies its focus on ...