Home Depot buying supplier to professional contractors in a deal valued at about $18.25 billion

Home Depot is buying SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion. Home Depot buying supplier to professional contractors in deal worth about $18 billion. SRS distribution is a materials supplier for professional contractors, the company said in a statement.

Home Depot Inc. is making its biggest acquisition ever to win over more professional contractors. The company looks beyond its do-it-yourself roots to revive growth. Home Depot to buy Pro Supplier SRS for About $18.25 billion. The deal is the company's biggest ever acquisition ever.

Home Depot is buying SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion. Home Depot buying supplier to professional contractors in deal worth about $18 billion. SRS distribution is a materials supplier for professional contractors, the company said in a statement.

Home Depot has a market value of $382.42 billion. The deal will expand Home Depot's total potential market by about $50 billion to roughly $1 trillion. The company has a total value of about $382 billion. SRS is a supplier of building products for Home Depot.