Home Depot to Buy Building Materials Supplier SRS Distribution

Home Depot to Buy Building Materials Supplier SRS Distribution

Yahoo Finance

Home Depot will buy building materials supplier SRS Distribution in an $18.25 billion deal, in the top U.S. home improvement chain's largest acquisition. This has put pressure on the Do-It-Yourself segment, which makes up about half of Home Depot's business. The company has sharpened its focus on "Pro-customers' such as roofers, landscapers and pool contractors to drive sales.

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