New Orleans City Business

Lowe’s to acquire Foundation Building Materials for $8.8B

Lowe’s is buying Foundation Building Materials, a distributor of drywall, insulation and other products, for approximately $8.8 billion as the home improvement retailer intensifies its focus on ...
Nasdaq

American Securities and CD&R Complete $8.8B Foundation Building Materials Sale

NEW YORK, Oct. 9, 2025 /PRNewswire/ -- American Securities LLC ("American Securities") and CD&R today announced they completed the sale of Foundation Building Materials, Inc. ("FBM" or the "Company"), ...
Seeking Alpha

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

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 ...
Hosted on MSN

Lowe’s completes $8.8bn acquisition of Foundation Building Materials

US-based home improvement retailer Lowe’s Companies has completed its acquisition of Foundation Building Materials (FBM), a distributor of building materials and construction products in the US and ...
Staten Island Advance

Lowe’s acquires Foundation Building Materials in $8.8B deal

Lowe’s is set to expand its professional contractor business with an $8.8 billion acquisition. The deal involves Foundation Building Materials, a California-based wholesale construction materials ...