Home Depot to buy SRS Distribution in $18.25 billion deal

By Thomson Reuters Mar 28, 2024 | 5:14 AM

(Reuters) – Home Depot said on Thursday it would buy building products distributor SRS Distribution in a deal valued at about $18.25 billion including debt.

SRS serves professional customers such as roofers, landscapers and pool contractors.

The deal is expected to be completed by the end of fiscal 2024.

(Reporting by Deborah Sophia in Bengaluru; Editing by Sriraj Kalluvila)