John Deere has announced plans to acquire construction technology firm Tenna. By integrating Tenna’s software and sensor-based systems with John Deere’s existing connected equipment portfolio, the combined offering aims to give construction companies deeper visibility into fleet utilization, maintenance needs and project progress.

The Home Depot has expanded its reach in the professional construction supply market through its acquisition of GMS Inc., a move that effectively brings the legacy of Westside Building Material into Home Depot’s growing pro distribution network. While Home Depot did not purchase Westside directly, Westside became part of GMS in 2021, and GMS is now operating under Home Depot’s subsidiary SRS Distribution.

Lowe’s Companies has completed its acquisition of Foundation Building Materials (FBM) in a transaction valued at approximately $8.8 billion, marking one of the largest recent moves in the building materials distribution space. FBM is a major North American supplier of interior construction products, including drywall, metal framing, ceiling systems, doors, hardware, insulation, and related materials. FBM operates more than 370 branches across the United States and Canada.