Atlanta, GA, Jun. 2--Home Depot announced Tuesday it has completed its acquisition of Home Mart, a 20-store Mexican chain.
Added to Home Depot's current 19 stores in Mexico, the purchase will give the Atlanta, Georgia-based retailer a total of 39 stores south of the border, and give it outlets in more Mexican cities.
Terms of the deal were not disclosed.
Home Depot, which entered the Mexican market in 2001, will now be the largest player in the country's $15 billion home improvement retail market, the company said.
Home Depot has a total of 1,740 stores in the United States, Canada and Mexico.
