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Home Depot Hopes to Build Up Pro Segment With GMS Acquisition

  • Home Depot acquired SRS Distribution last year, a distributor for roofing firms and construction projects.
  • SRS Distribution is now acquiring specialty building products distributor GMS to expand its 'Pro' customer base.
  • The acquisition of GMS will create a network of over 1,200 locations and 8,000 trucks for job site deliveries.
  • Home Depot's focus on growing its Pro segment includes digital upgrades and trade finance initiatives to support contractors.

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