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Home Depot Eyes MRO Acceleration With HD Supply In Tow


Home Depot Eyes MRO Acceleration With HD Supply In Tow
See what the home improvement retail giant said about its plans for HD Supply a company has re-acquired after spinning off in 2007.
Feb 24th, 2021
The Home Depot
The Home Depot reported its 2020 fourth quarter and full-year earnings on Tuesday, and afterward shared some insights on its plans for HD Supply the facilities maintenance products distributor the home improvement retailer acquired in late 2020 in an $8 billion deal.
Completed Dec. 24, it was a landmark transaction in the industrial distribution space and arguably the largest such deal in several years. HD Supply was No. 4 on Industrial Distribution’s 2020 Big 50 List on account of its $6.15 billion in 2019 sales, but The Home Depot ended up buying a much smaller version of the distributor. HD Supply sold off essentially half the company in October via divesting its Construction & Industrial – White Cap unit to Clayton, Dubilier & Rice for ....

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