News

Reuters on MSN17h

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

Lowe’s Cos LOW-N +2.18% said on Wednesday it has agreed to buy interior building products distributor Foundation Building ...

Lowe's buying Foundation Building Materials for about $8.8B as it intensifies focus on pro builders

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 ...
Stocktwits on MSN16h

Foundation Building Materials To Be Acquired By Lowe’s For $8.8B, Retail’s Turned Exuberant After Earnings Report

Lowe’s (LOW) shares jumped 3% in premarket trading on Wednesday after the home improvement chain announced that it would buy ...

Lowe’s to Buy Foundation Building Materials for $8.8 Billion

Private-equity firm American Securities took the interior-building-products distributor private in 2021.
LBM Journal13h

Lowe’s to acquire Foundation Building Materials

Ruben Mendoza and the senior leadership team will continue to lead FBM. The FBM team will collaborate closely with Lowe's to ...

Lowe's Companies, Inc.: 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 ...
Modern Distribution Management11h

Lowe’s to Buy Foundation Building Materials for $8.8B in Pro Boost

It's just the latest building materials distribution megadeal and essentially is Lowe's answer to rival Home Depot buying SRS ...

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

Lowe's ( LOW, Financials) said Wednesday it will acquire Foundation Building Materials for $8.8 billion, stepping deeper into the $250 billion professional builder market as do-it-yourself demand ...