The Home Depot to Acquire Compact Power Equipment - Modern Distribution Management

The Home Depot to Acquire Compact Power Equipment

Acquisition expands The Home Depot's offerings to pro customers and DIY.

The Home Depot (NYSE: HDS), Atlanta, GA,  has agreed to acquire Compact Power Equipment Inc., a national provider of equipment rental and maintenance services for $265 million in cash.

Compact Power Equipment currently provides compact equipment rentals at more than 1,000 The Home Depot stores across the U.S. and Canada. The company also provides equipment maintenance services nationwide to a range of customers.

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