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February 27, 2007

HD Supply White Cap Agrees to Buy GSI

HD Supply White Cap Construction Supply, a business of HD Supply, has agreed to acquire GSI General Materials LLC, a distributor of concrete accessories, forming systems and fabricated rebar.

GSI operates two North Carolina facilities and two South Carolina locations, and employs 72.

HD Supply White Cap Construction Supply is the construction supply business unit within The Home Depot’s HD Supply Division, a distributor of specialty hardware, tools and materials targeting construction contractors.

With the addition of GSI General Materials, HD Supply White Cap Construction Supply will operate 160 branches in 27 states.

Related Links:
Potential Buyers for HD Supply?
HD Supply Hits $12.07B in 2006 

HD to Evaluate "Strategic Alternatives" for HD Supply Business 
Home Depot Reaches $81.5B in Sales in 2005
 

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