The Home Depot Completes Acquisition of HD Supply

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The Home Depot Completes Acquisition of HD Supply

Home improvement giant officially welcomes back distribution arm it had spun off to private equity in 2007.
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The Home Depot (NYSE: HD), Atlanta, has completed the acquisition of HD Supply Holdings Inc. for $8 billion. The agreement to acquire HD Supply was announced on Nov. 16.

“We’re thrilled to welcome HD Supply associates to The Home Depot,” said Craig Menear, chairman and CEO of The Home Depot. “The combination of the two businesses will enable us to better serve both existing and new MRO customers, and I look forward to the value this acquisition will bring to our associates, customers and shareholders.”

Home Depot sold HD Supply to private equity in 2007, and HDS went public in 2013. Read more about this deal at the MDM Blog.

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About the Author
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Eric Smith

Senior Editor Eric Smith is an award-winning business journalist whose coverage focus includes economic news and insights, industry trends, M&A, and analysis of small businesses and public companies across the wholesale distribution marketplace. Reach him at eric@mdm.com or 720-207-0335.
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