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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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