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

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

Lowe's Cos (LOW.N) 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 tha...

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

FloorDaily.net · 6h

Lowe's to Acquire Foundation Building Materials

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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 Dive2h

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

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 (LOW) Q2 2025 Earnings Call Transcript

Thank you, Kate, and good morning, everyone. This morning, we announced the acquisition of Foundation Building Materials or FBM, a premier distributor of interior building products including drywall,