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The Home Depot Announces Agreement for SRS Distribution to Acquire GMS
Atlanta, GA – July 2, 2025 – The Home Depot, a leading home improvement retailer, today announced a significant development in its supply chain strategy, confirming that it has entered into a definitive agreement for SRS Distribution Inc. to acquire the Gypsum Management & Supply (GMS) business from Preferred Building Products, which is an affiliate of The Home Depot. This transaction marks a strategic move aimed at further optimizing The Home Depot’s operations and enhancing its service offerings.
SRS Distribution is a prominent player in the building materials supply industry, known for its extensive network and commitment to serving professional contractors. The acquisition of GMS, a well-established distributor of wallboard and related products, is expected to create a more robust and integrated supply chain for construction materials.
For The Home Depot, this agreement represents a strategic divestiture that will allow the company to sharpen its focus on its core retail operations and customer experience. While GMS has been a valuable part of its affiliated businesses, The Home Depot believes that SRS Distribution is ideally positioned to further develop and expand the GMS platform, leveraging their specialized expertise and market presence.
The transaction is subject to customary closing conditions and regulatory approvals. Further details regarding the terms of the agreement have not been publicly disclosed at this time.
This announcement underscores The Home Depot’s ongoing commitment to evolving its business to best serve its customers and stakeholders. The company anticipates a smooth transition and is optimistic about the future prospects of both GMS under new ownership and The Home Depot’s continued growth.
The Home Depot firma un acuerdo para que SRS Distribution adquiera GMS
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PR Newswire People Culture published ‘The Home Depot firma un acuerdo para que SRS Distribution adquiera GMS’ at 2025-07-02 08:20. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.