According to Home Depot CEO Craig Menear, “HD Supply complements our existing MRO (maintenance, repair & operations) business with a robust product offering and value-added service capabilities, an experienced salesforce that enhances the strong team we have in place, as well as an extensive, MRO-specific distribution network throughout the U.S. and Canada.”
The deal is expected to be completed during Home Depot’s fiscal fourth quarter, which ends on Jan. 31, 2021.
HD Supply is one of the largest wholesale distributors in North America, serving approximately 300,000 customers from 44 distribution centers in 25 states and two Canadian provinces.
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