The roofing supply and distribution sector made a splash Thursday after news broke that Home Depot announced plans to acquire one of roofing supply’s "Big 3" by purchasing SRS Distribution in a deal worth $18.25 billion, including debt.
“We are proud to be combining with The Home Depot to continue our growth journey with the additional resources and capabilities they will put behind us,” Dan Tinker, president and CEO of SRS, said in a March 28 statement announcing the purchase.
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