Items Tagged with 'GMS (Gypsum Management and Supply Inc)'

The Home Depot, through SRS Distribution, has sealed the deal to acquire GMS Inc. for $5.5 billion in its continued effort to build up its services and offerings for Pro customers.

Home Depot’s Q2 sales hit $45.3 billion, fueled in part by its 2024 acquisition of SRS, as it doubles down on Pro services amid tariffs, housing woes, and economic uncertainty.

Home Depot will acquire GMS for $5.5B through its SRS Distribution unit, creating a 1,200-location network aimed at delivering faster service and expanded offerings to contractors.

QXO makes an unsolicited bid to buy specialty products distributor GMS for $5 billion, aiming to speed up deliveries, boost inventory and unify tech — potentially reshaping how contractors get drywall and building supplies.