Divestiture Aug 2011 Verified
HD Supply Sells Plumbing/HVAC Business to Hajoca Corporation
HD Supply entered into a definitive agreement to sell its Plumbing/HVAC business to Hajoca Corporation. The transaction is expected to close in September 2011, with proceeds used for growth initiatives.
“On August 25, 2011, the company entered into a definitive agreement to sell all of the issued and outstanding equity interests in its Plumbing/HVAC business to Hajoca Corporation.”
Entities
HD Supply, Inc. · Target Hajoca Corporation · Acquirer
HVACPlumbing Sentiment: Neutral
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