GMS Inc. announced the Company has entered into a definitive agreement with The Home Depot to be acquired by its specialty trade distribution subsidiary, SRS Distribution.
Home Depot has joined the race to acquire GMS, challenging QXO’s $5B bid and setting the stage for a potential bidding war among major building product players.
QXO makes an unsolicited bid to buy specialty products distributor GMS for $5 billion, aiming to speed up deliveries, boost inventory and unify tech—potentially reshaping how contractors get drywall and building supplies.
Groupe Expan, one of the three largest manufacturers of expanded polystyrene in Canada, will become Atlas Roofing's strategic platform in Eastern Canada.
ATAS International, Inc. has expanded its portfolio by acquiring the assets of Metal Sales & Service, Inc., including the Metalwërks line of architectural metal plate systems.