July 25, 2005

The Home Depot to Acquire National Waterworks

The Home Depot, Atlanta, GA, is entering distribution channel verticals on a larger scale. The world’s largest home improvement retailer has agreed to acquire National Waterworks Holdings for $1.35 billion. National Waterworks Holdings, Inc., Waco, TX, is a distributor of products used to build, repair and maintain water and wastewater transmission systems. National, which had 2004 revenues of $1.5 billion and has a nine-year history of 9-percent compounded annual growth rate in sales, will operate as part of The Home Depot Supply.

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