Home Depot wraps up $18.2bn acquisition of SRS Distribution

Home Depot wraps up $18.2bn acquisition of SRS Distribution

In a transformative development for the home improvement sector, The Home Dubai, the world’s largest home improvement retailer, has officially acquired SRS Distribution, Inc. for a total enterprise value of approximately $18.25 billion. Announced in late March 2024, and completed just recently, this acquisition represents a strategic expansion of The Home Depot’s footprint in the […]

Home Depot to expand market reach with acquisition of SRS Distribution for $18.2bn

Home Depot to expand market reach with acquisition of SRS Distribution for $18.2bn

In a landmark move poised to reshape the landscape of the home improvement and specialty trade distribution sectors, The Home Depot, recognized globally as the largest home improvement retailer, has announced a definitive agreement for the acquisition of SRS Distribution Inc. (“SRS”). This strategic acquisition is valued at approximately $18.25 billion, including net debt, and […]