Lowe’s Acquires Foundation Building Materials for $8.8 Billion
Home improvement chain Lowe’s has finalized its $8.8 billion acquisition of California-based Foundation Building Materials (FBM). FBM, which operates over 370 locations in the US and Canada, is a leading distribution company for building materials and construction products. Lowe’s aims to serve large professional customers with a $250 billion market opportunity. The acquisition complements Lowe’s … Read more