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Home Depot Acquires HD Supply
On November 16, 2020, Home Depot released a press release annoucing the acquistion of HD Supply. Tom Greathouse, HD’s National Account Represenative for CARH, forwarded a statement from HD Supply to to CARH customers stating:
We are excited to announce that HD Supply has entered into a definitive agreement to be acquired by The Home Depot, Inc. This acquisition is expected to be completed during The Home Depot’s fiscal fourth quarter, which ends on January 31, 2021, subject to applicable regulatory approval and customary closing conditions.
Our commitment to providing you the service and products you need, particularly during these challenging times, remains stronger than ever and we are confident that the strategic acquisition of HD Supply by The Home Depot will allow us to elevate and expand our service and offerings for our valued customers.
We are diligently working to ensure a smooth transition with no interruption to service.
Please do not hesitate to reach out to your HD Supply Sales Representative with any immediate questions.
Sincerely,
Your HD Supply Team