The Home Depot Enters into Agreement to Acquire International Designs Group

By The Home Depot
Cision Newswire
November 20, 2023
Category: Business & Politics
Region: United States, US East

ATLANTA — The Home Depot® has entered into a definitive agreement to acquire International Designs Group (IDG), a platform company that owns and operates Construction Resources and other design-oriented subsidiaries. Construction Resources is a leading distributor of design-oriented surfaces, appliances and architectural specialty products for professional (Pro) contractors focused on renovation, remodeling, residential home building and multi-family. The Pro spend represents a $475 billion addressable market. …With showrooms across the East Coast and Southeast, Construction Resources allows The Home Depot to expand the capabilities it offers Pro customers, many of whom rely on showrooms as part of their consultative approach to complex renovation and remodel jobs. …The acquisition is expected to close by the end of 2023.

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