Home Depot expands south of the border
May 13, 2004,
ATLANTA — The Home Depot has signed an agreement to acquire Home Mart, the second largest Mexican home improvement retailer.
When the acquisition is completed, Home Depot will acquire 20 Home Mart locations, bringing its total store count in Mexico to 39 stores.
The transaction is subject to approval by the Mexican regulatory authorities. Financial terms were not disclosed.
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