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

Modern Distribution Management · 1d

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 Distribution in 2024.

Retail Dive · 17h

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.

Yahoo Finance · 1d

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 remains weak.

1don MSN

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

Lowe’s posted second-quarter sales growth and raised its full-year outlook, shrugging off weaker DIY demand from a slow ...

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 ...

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