The Home Depot to acquire International Designs Group – Cobb County Courier

the-home-depot-to-acquire-international-designs-group-–-cobb-county-courier

The Home Depot to acquire International Designs Group – Cobb County Courier

Cobb County-headquartered home improvement retail giant The Home Depot announced it has entered into an agreement to acquire International Designs Group (IDG) which owns Construction Resources and other design-oriented subsidiaries. The intent of the acquisition is to increase the company’s reach into the professional construction services market. The press release described the acquisition as follows: 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, and The Home Depot is focused on capturing a larger share by building capabilities to serve Pros of all sizes – from Pros working on smaller jobs to larger, more complex projects. The acquisition combines Construction Resources’ expertise in complex, cross-category professional projects with The Home Depot’s scale, product authority and distribution expertise. 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. “Almost all Pros interact with The Home Depot, but their level of engagement varies based on
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