Home Depot CEO Comments on HVAC Platform Opportunity

Ted Decker, Chairman and CEO of The Home Depot, stated that the acquisition of Mingledorff's provides an opportunity to build an enterprise-wide platform in HVAC equipment, creating a new entry point into the broader distribution space.

““The momentum we’ve seen in the SRS business is a testament to its strong customer value proposition and execution,” said Ted Decker, HD’s Chairman, President and CEO. “SRS is a growth engine for The Home Depot, and we continue to drive significant synergies that enable us to bring more innovation and value to our pro customers. The addition of Mingledorff’s will give us an incredible opportunity to build an enterprise-wide platform in HVAC equipment, replacement parts and supplies, creating another entry point into the broader distribution space.””

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