Home Depot acquires GMS for US$5.5 billion and confirms shift towards an integrated B2B model

With 50% of revenue from professional customers and a weakening property market, The Home Depot is making a second major investment in B2B. To acquire GMS Inc., the company is offering US$5.5 billion in cash, bringing total investment in this sector to more than US$23 billion in 15 months.

Through Sophie Baqué. Published on 04 July 2025 à 16h11 - Update on 07 July 2025 à 10h53

As digital services transform shopping, The Home Depot is strengthening their strategy to win more of this specialised, high-frequency, high-margin customer base. On July 1, the world’s largest DIY retailer (2024 revenue : US$159.5 billion,…

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