January 10, 2006
The Home Depot Acquires Chem-Dry
The Home Depot announced on Monday in this press release that it has acquired Chem-Dry. Chem-Dry is the franchisor for the world’s largest carpet and upholstery cleaning provider and has nearly 4,000 franchises worldwide, including 2,500 in the United States. Chem-Dry will be part of The Home Depot’s At-Home Services division, which provides various installations services to customers including flooring. The Home Depot expects that Chem-Dry will now have the opportunity to leverage The Home Depot’s 11,000 daily At-Home Services appointments. Terms of the acquisition were not disclosed.