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Home Depot closes on GMS acquisition

The Home Depot completed a $5.5 billion acquisition of GMS to expand specialty building product offerings and improve service for professional contractors nationwide, with 79.5% shares tendered.

Summary by retaildive.com
The $5.5 billion deal to acquire GMS, which specializes in drywall, ceilings and steel framing, bolsters Home Depot’s pro offerings.

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retaildive.com broke the news in on Thursday, September 4, 2025.
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