Home Depot Expands Pro Market with Landscaping and Pool Focus
Thursday, 28 March 2024, 12:57
Home Depot Acquires SRS in $18 Billion Pro Market Expansion
Home Depot made a notable move in expanding its presence in the professional market by acquiring SRS, a distribution company focused on roof, landscaping, and pool contractors. The $18 billion deal signifies Home Depot's commitment to broadening its offerings and services to cater to specific pro market segments.
Key Points:
- Strategic Expansion: The acquisition of SRS allows Home Depot to tap into new customer segments within the pro market.
- Market Diversification: By entering the landscaping and pool contractor sector, Home Depot aims to increase its market share and revenue streams.
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