BRIEF-Home Depot Unit SRS Distribution Enters Into Agreement To Acquire Mingledorff's-March 2024-www.financetom.com

BRIEF-Home Depot Unit SRS Distribution Enters Into Agreement To Acquire Mingledorff's

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BRIEF-Home Depot Unit SRS Distribution Enters Into Agreement To Acquire Mingledorff's

Mar 24, 2026 12:03 PM

March 24 (Reuters) - Home Depot Inc ( HD ):

* THE HOME DEPOT SUBSIDIARY SRS DISTRIBUTION ENTERS INTO

AGREEMENT TO ACQUIRE WHOLESALE HVAC DISTRIBUTOR MINGLEDORFF'S

* HOME DEPOT INC ( HD ): FINANCIAL TERMS OF THE TRANSACTION WERE

NOT DISCLOSED

* HOME DEPOT ( HD ): TRANSACTION EXPECTED TO BE FUNDED THROUGH CASH

ON HAND AND DEBT

* HOME DEPOT ( HD ): CO DOES NOT EXPECT ACQUISITION TO IMPACT

RETURN TO ITS TARGET 2.0X LEVERAGE RATIO

Further company coverage:

;))

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