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Home Depot Expands Colorado HVAC Distribution With SRS Acquisition

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Sig2.53Sen+3.90Env+1.75Soc+2.10Gov+0.20

Home Depot is growing its heating and cooling business by pushing deeper into HVAC distribution through a new acquisition by its SRS Distribution unit. The acquisition of Lohmiller adds Carrier distribution from four Colorado locations and 220 employees, with just under $250 million in 2023 revenue. The move is expected to improve access to efficient heating and cooling equipment and installer networks that can help homeowners reduce utility bills.

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