Home Depot has successfully secured an acquisition deal for GMS, a specialty building products distributor, valued at around $4.3 billion. This acquisition marks a significant step for Home Depot as it aims to deepen its presence in the building supply market and expand its service offerings to contractors and professionals. The company outbid rival QXO in the bidding war, reflecting its commitment to enhancing its business-to-business operations. With this acquisition, Home Depot reinforces its supply network and adapts to shifting domestic supply chain dynamics.