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 […]

Google Cloud, Home Depot strengthen partnership to enhance retail technology

Google Cloud, Home Depot strengthen partnership to enhance retail technology

The Home Depot, the world’s largest home improvement retailer, and Google Cloud have announced an extension to their ongoing collaboration, aiming to boost The Home Depot’s technology strategy and enhance customer experiences. This partnership, first established in 2015, has been pivotal in integrating advanced retail technologies into The Home Depot’s operations, significantly benefiting both in-store […]

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 […]