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News

Lowe's Buying Foundation Building Materials for About $8.8B

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 · 1d · on MSN
Lowe's to buy Foundation Building Materials for $8.8 billion to boost contractor business
Lowe's Cos said on Wednesday it has agreed to buy interior building products distributor Foundation Building Materials for nearly $8.8 billion, stepping up its expansion into the business that serves contractors and builders.

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 · 17h
Lowe's to Buy Foundation Building Materials for $8.8B, Lifts Outlook
 · 1d · on MSN
Lowe's buying Foundation Building Materials for about $8.8B as it intensifies focus on pro builders
Retail Dive
24m

Lowe’s $8.8B acquisition aims to strengthen pro business

The deal with Foundation Building Materials comes about two months after the retailer closed on its acquisition of Artisan Design Group.
10hon MSN

Lowe’s Boosts Full-Year Revenue Outlook, to Buy Home-Professional Firm for $8.8 Billion

Lowe’s posted second-quarter sales growth and raised its full-year outlook, shrugging off weaker DIY demand from a slow ...
1d

LOWE'S ANNOUNCES AGREEMENT TO ACQUIRE FOUNDATION BUILDING MATERIALS, A LEADING NORTH AMERICAN DISTRIBUTOR OF INTERIOR BUILDING PRODUCTS

Increases Pro Penetration1----Positions Company for Long-Term Sustainable Sales Growth and Profit Expansion-- MOORESVILLE, N.C., Aug. 20, 2025 /PRNewswire/ -- Lowe's Companies, Inc. ("Lowe's" or the ...

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