A more detailed discussion around the use of proceeds will take place on our second-quarter earnings call in early September. HD Supply expects to use the net proceeds from this transaction to return capital to HD Supply shareholders, fund M&A activity and repay debt. "This transaction will enable the HD Supply leadership team to intensify our focus on Facilities Maintenance, while also returning capital to our HD Supply shareholders." "After a detailed evaluation, we determined that a sale of our White Cap business unit to Clayton, Dubilier & Rice is in the best interests of our HD Supply stockholders,” said Joe DeAngelo, HD Supply Chairman, President & CEO. The transaction is expected to close in October 2020, subject to customary regulatory approvals. Net proceeds from the sale are expected to be approximately $2.5 billion after taxes and transaction costs.
#Whitecap hd supply professional#
(NASDAQ: HDS) ("HD Supply") today announced that it has entered into a definitive agreement to sell its Construction & Industrial-White Cap business (also known as “White Cap”), a leading distributor of specialty concrete and construction products and services in North America serving professional contractors, to an affiliate of Clayton, Dubilier & Rice for a purchase price of $2.9 billion in cash. 11, 2020 (GLOBE NEWSWIRE) - HD Supply Holdings, Inc. Ready to get started? Just fill out a credit application: CLICK HERE.ATLANTA, Aug. Selling our products puts you ahead of the game, as well. The high quality of our products gives us a competitive edge. When you become a BN Products distributor, you can sell our extensive line of high-quality tools and products. We personally vet our distributors to ensure that they share our vision of providing high-quality products and service.īecome An Authorized BN Products Distributor When you buy BN Products through HD Supply – White Cap, you are buying from a trusted distributor. Why Buy BN Products Through HD Supply – White Cap? The highly-trained customer service representatives will be happy to assist you with your order.
If you cannot find BN Products online, contact HD Supply White Cap directly at 1-80. You can shop a large selection of high-quality tools online.
It is simple to purchase BN Products tools right through HD Supply – White Cap.
#Whitecap hd supply how to#
How To Buy BN Products Through HD Supply – White Cap This is a really great, versatile tool to have on hand.
It has a removable side handle that allows for multiple cutting positions. This 24V saw is compact and lightweight, making it perfect for the job site. Check out our BN Products Cordless BNCE-20 Saw.
#Whitecap hd supply portable#
Portable saws – You’ll find many portable saws to choose from when shopping HD Supply – White Cap.They cleanly and safely cut rebar and other objects like bolts, rods and chains. Portable rebar cutters – HD Supply – White Cap offers a large selection of portable rebar cutters.Here are just a few of the BN Products offered by HD Supply White Cap: It includes everything from drywall accessories to rebar fabrication tools. Their inventory consists of more than 10,000 items. HD Supply White Cap offers a huge selection of construction tools and products. What Products Are Available Through HD Supply White Cap? They provide reliable service to meet the demands of large and small construction projects. HD Supply – White Cap operates more than 160 locations throughout the United States and delivers orders right to job sites.
Since 1976, they have provided contractors with a high level of service and expertise. HD Supply – White Cap is the leading distributor of specialty materials, tools, and hardware for general contractors and others. Our distributors operate their business according to the highest standards of service, quality and business conduct. In this Distributor Spotlight blog post, we’d like to call attention to another distributor who is vital to ensuring that our products are available to customers across the USA and Canada: HD Supply – White Cap. Today we’d like to shine the spotlight on HD Supply White Cap, another of our trusted distributors.