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News

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

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 · 23h
Lowe's buys Foundation Building Materials for $8.8 billion
Home improvement retailer Lowe’s is purchasing the supplier of construction products, at a time when consumer-driven DIY projects have slowed.

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Retail TouchPoints · 2h
Lowe’s Fortifies Pro Offerings with Foundation Building Materials Acquisition
 · 1d · on MSN
Lowe's to buy Foundation Building Materials for $8.8 billion to boost contractor business
Retail Dive
57m

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.
11hon 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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