Lowe's Companies Acquires Foundation Building Materials
October 9, 2025
Lowe's Companies has completed its previously announced acquisition of Foundation Building Materials (FBM) for approximately $8.8 billion. The deal is designed to expand Lowe's Pro offering with a broader product assortment, faster fulfillment, improved digital tools, and a trade credit platform, leveraging FBM's multi-trade distribution presence across key U.S. and Canada geographies.
- Buyers
- Lowe's Companies, Inc.
- Targets
- Foundation Building Materials (FBM)
- Sellers
- American Securities LLC, CD&R
- Industry
- Retail
- Location
- California, United States
- Transaction Type
- Buyout
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