The Home Depot continues B2B expansion with acquisition of SRS Distribution

Featured image of the article The Home Depot continues B2B expansion with acquisition of SRS Distribution

An article by Morgane Monteiro

Publication

9 April 2024 à 15h40

Updated on 15 April 2024 à 19h11

Reading time

1 minute

Publication: 9 April 2024 à 15h40, Updated on 15 April 2024 à 19h11

Reading time: 1 minute

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An article by Morgane Monteiro

Publication

9 April 2024 à 15h40

Updated on 15 April 2024 à 19h11

Reading time

1 minute

Publication: 9 April 2024 à 15h40, Updated on 15 April 2024 à 19h11

Reading time: 1 minute

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In the United States, on March 28, 2024, The Home Depot (sales of US$152.67 billion in 2023, down by 3% in one year with a net margin at 9.9% of sales, down by 11.5%) announced discussions to takeover SRS Distribution. This roofing distributor (sales of US$9.6 billion in 2023, according to Forbes) has 760 sites and 4,000 lorries delivering materials to building sites. SRS is owned by private equity firms Leonard Green & Partners and Berkshire Partners. Expected to be an investment of...

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Article authors
Featured image of the article Morgane Monteiro
Morgane Monteiro Journalist
Featured image of the article Morgane Monteiro

Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.

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