# 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.

- Type: Acquisition
- Announced: 2025-08-20
- Where: United States
- Value: $8.80B
- Status: announced
- Products: drywall, metal framing, ceiling systems, commercial doors and hardware, insulation
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [American Securities LLC](https://endata.com/companies/8969.md) (investor)
- [CD&R](https://endata.com/companies/13706.md) (investor)
- [Foundation Building Materials](https://endata.com/companies/37174.md) (target)
- [Lowe's Companies](https://endata.com/companies/86733.md) (acquirer)

## Sources

- [american-securities.com](https://www.american-securities.com/news/press-release/foundation-building-materials-building-products-distribution-company-owned-by-american-securities-and-cdr-to-be-sold-to-lowes-in-8-8-billion-transaction/), 2025-08-20: "Working alongside American Securities and CD&R has been incredible."
- [corporate.lowes.com](https://corporate.lowes.com/newsroom/press-releases/lowes-announces-agreement-acquire-foundation-building-materials-leading-north-american-distributor-interior-building-products-08-20-25), 2025-08-20: "With this acquisition, we are advancing our multi-year transformation of the Pro offering."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.