Lowe's to acquire Foundation Building Materials for $8.8 billion

Lowe's Companies, Inc. agreed to acquire Foundation Building Materials, Inc., a North American distributor of interior building products, from American Securities and CD&R for $8.8 billion. FBM operates over 370 locations in the U.S. and Canada.

“Working alongside American Securities and CD&R has been incredible.”american-securities.com

• 2 sources
• american-securities.comFBM | Press Release | American SecuritiesAmerican SecuritiesAug 20, 2025
• corporate.lowes.comLowe's Announces Agreement to Acquire Foundation Building Materials, a Leading North American Distributor of Interior Building Products | Lowe’s CorporateAug 20, 2025

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