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May 10, 2004
The Home Depot to Buy White Cap
Dominant niche player gives HD broader distribution growth platform
The Home Depot, Atlanta, GA, has entered into an agreement to acquire White Cap Construction Supply, Inc., Costa Mesa, CA, a $500-million distributor of specialty hardware, tools and materials targeting large- and medium-sized construction contractors. It expands on the $64-billion retailer’s strategy to expand its professional customer market base. White Cap will become part of The Home Depot Supply division.
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