Lowe’s is buying Foundation Building Materials, a distributor of drywall, insulation and other products, for approximately $8.8 billion as the home improvement retailer intensifies its focus on ...

As a result, Bain Capital and Platinum Equity will have equal ownership stakes and joint board governance The transaction is expected to close by the end of the first quarter of 2024 US LBM will ...

The acquisition expands Lowe's "Total Home Strategy" to better serve professional customers in a $250 billion market, with FBM's 370 locations across North America.

Lowe's has agreed to buy Foundation Building Materials, a North American distributor of interior building products, from private-equity firms American Securities and Clayton Dubilier & Rice for about ...