Home Depot to acquire SRS Distribution for $18 billion

The Home Depot, the world's largest home improvement retailer, has entered into a definitive agreement to acquire SRS Distribution Inc. , a leading residential specialty trade distribution company across several verticals serving the professional roofer, landscaper and pool contractor. SRS will accelerate The Home Depot's growth with the residential professional customer. SRS complements The Home Depot's capabilities and will enable the company to better serve complex project purchase occasions with the renovator/remodeler, while also establishing The Home Depot as a leading specialty trade distributor across multiple verticals. With this acquisition, The Home Depot now believes ...