Mills expands in southern Brazil
Brazil-based Mills is set to acquire Next Rental Locações for R$180 million (US$33.14 million). The investment in Next Rental, a subsidiary of Grupo Pesa, which has been a Caterpillar company in southern Brazil for more than 70 years, is being made by Mills subsidiary Mills Pesados. The deal also includes Linha Amarela Rental, which is […]
Home Depot expands product distribution with $5.5bn deal
The Home Depot in the US is to acquire building products distributor GMS Inc for US$5.5 billion, including net debt. The deal is being made through Home Depot’s trade subsidiary SRS Distribution and will further expand its position supplying building products to professional customers. SRS, which was acquired by Home Depot in 2024, has 800 […]