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Home Depot will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion.

Home Depot said on Thursday that it has agreed to buy SRS Distribution, a residential specialty trade distribution company, for around $18.25bn.

The Home Depot Thursday announced an agreement to buy SRS Distribution in a deal valued at $18.25 billion. Pending regulatory approvals, the deal is expected to close by the end of the 2024.

Home Depot will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion.

Home Depot will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion.

Home Depot will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion.

Home Depot makes its largest acquisition to date, integrating SRS Distribution to tap into the professional builder and contractor market amidst a booming housing industry.

Home Depot is acquiring SRS Distribution in a deal valued at $18.25 billion as the retailer looks to boost sales to professional contractors.

Home Depot announced that it's acquiring SRS Distribution -- which sells supplies to builders, roofers, landscapers and pool contractors -- in a mammoth $18.25 billion deal that includes assumed debt.

Home Depot buying supplier to professional contractors in a deal valued at about $18.25B