The Home Depot Acquires Interline Brands
Source: Hardware & Building Supply Dealer
The Home Depot said Monday it completed its $1.625 billion acquisition of Interline Brands, a national distributor and direct marketer of broad-line maintenance, repair and operations (MRO) products.
The agreement to acquire Interline was previously announced on July 22, 2015.
“We’re delighted to officially welcome Interline’s associates and customers into The Home Depot family,” said Craig Menear, chairman, CEO and president of The Home Depot. “By joining forces with Interline, we’ll be able to better serve our pro customers whether in- store, online or at their place of business. We look forward to the value this acquisition will bring to our customers and shareholders.”
