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Clayton, Dubilier & Rice to combine HD Supply’s White Cap Business with Construction Supply Group in USD4bn deal

Clayton, Dubilier & Rice to combine HD Supply’s White Cap Business with Construction Supply Group in USD4bn deal

Clayton, Dubilier & Rice (CD&R) has reached an agreement with HD Supply Holdings under which CD&R funds will lead an investment to acquire HD Supply’s Construction & Industrial business (aka White Cap), a distributor of specialty concrete and construction products, and combine it with the Construction Supply Group (CSG), a distributor of specialty concrete and masonry accessories.