Home depot Said on Monday that it is buying GMA building products distributor, for about 4.3 billion dollars, as the retailer proceeds to draw more sales than contractors and other domestic professionals.

The home depot shares were almost flat in early trade on Monday. GMS shares jumped over 11%.

As part of the deal, the home depot -owned subsidiary SRS distribution will purchase all outstanding shares of GMS for $ 110 per share, which adds an amount of about $ 4.3 billion and in total enterprise price, including about 5.5 billion dollars pure loans, including the company.

The Home Depot said it hoped that the acquisition will be completed in the beginning of 2026.

The announcement of the Home Depot concluded a possible bid war between large box retailers and billionaire Brad Jacobs. Jacobs building-products distributors Qxo Was About $ 5 billion cash offered To acquire GMS and said that if the company’s management rejected the proposal, it would proceed with a hostile acquisition.

As the home depot pursues development, it has gone after a stable and more attractive piece of improvement in the house: electricians, roofs, home renovators and other professionals who deal with large projects throughout the year and require a lot of supply. The Home Depot said that it is growing rapidly with that strategy with the GMS deal.

Home depot Purchased SRS distribution – Assistant who is receiving GMS – for $ 18.25 billion last year, The biggest acquisition in its history. Texas -based SRS sells supply to professionals in roof and pool businesses and has bought many other small suppliers as it has grown.

Home depots are well focused on selling professionals. The sale from the Do-It-Kudh customers has slowed down as high mortgage rates have reduced housing business and reduced the demand of house owners for large projects due to high lending costs.

The company said that it expects an increase of 2.8% in total sales for a full financial year and comparable sales, which takes out to increase the impact of one -time factors such as the opening and calendar difference of the store.