Alive Ghana
Home Depot’s recent acquisition of SRS Distribution sends a clear message about its commitment to serving contractors and professional builders. With a focus on roofing, landscaping, and pool sectors, the $18.25 billion deal adds 760 branches across 47 states to Home Depot’s portfolio. This move follows the announcement of four new distribution centers tailored to professional customers. CEO Ted Decker emphasizes SRS’s profitable growth and leadership positions, while SRS CEO Dan Linker highlights the combined strengths of both companies. Despite pro customers comprising only 10% of its base, they contribute significantly to Home Depot’s annual sales, reflecting the company’s strategic shift amid housing market challenges. The acquisition is expected to close by year-end, solidifying Home Depot’s position in the professional building business.
