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

Lowe's to Buy Foundation Building Materials for $8.8B, Lifts Outlook

The deal, expected to close in Q4 pending regulatory approval, will be financed with a mix of short- and long-term debt.

· 1d · on MSN

Lowe's to buy Foundation Building Materials for $8.8 billion to boost contractor business

· 1d · on MSN

Lowe's buying Foundation Building Materials for about $8.8B

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Lowe's earnings beat, announces $8.8B deal: What the CEO is saying

Home improvement retailer Lowe's (LOW) reported second quarter earnings that topped Wall Street estimates, while revenue and same-store sales fell short.

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Lowe’s tops Home Depot with an $8.8 billion buyout deal and an earnings beat

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

Retail Dive19m

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.

1don MSN

Lowe’s to acquire products distributor in $9B deal to boost pro customer reach

The acquisition will expand the Mooresville-based home improvement chain’s reach among its professional customers, Lowe’s said. FBM, based in Santa Ana, California, is a distributor of interior building products with over 370 locations across the U.S. and Canada.

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What analysts are saying about Lowe's largest acquisition ever

Lowe's ( NYSE: LOW) announced the largest acquisition in the company's history with a deal to snap up Foundation Building Materials for $8.8 billion. The deal will be funded with a mix of short- and long-term debt, including $9 billion in committed bridge financing.

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 "Company") (NYSE: LOW) today announced it has entered into a definitive agreement (the "Agreement") to acquire Foundation Building Materials ("FBM") for approximately $8.