Tag Archives: Distributor

Lowe’s Announces Agreement to Acquire Foundation Building Materials, a Leading North American Distributor of Interior Building Products

Lowe’s Announces Agreement to Acquire Foundation Building Materials, a Leading North American Distributor of Interior Building Products

–Enhances offering for Pro customers—–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 $8.8 billion. FBM is a leading North American distributor of …

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