Building-products distributor QXO to acquire GMS for about $5 billion

Reuters

2025/06/19

June 18 (Reuters) - Building-products distributor QXO QXO.N said on Wednesday it intends to acquire interior building products distributor GMS GMS.N in an all-cash deal valued at about $5 billion.

(Reporting by Surbhi Misra in Bengaluru; Editing by Mohammed Safi Shamsi)

((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))

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