Lowe's Companies Inc. has completed its acquisition of Foundation Building Materials (FBM), a leading building materials and construction products distributor with over 370 locations across the United States and Canada. FBM will continue to operate under the leadership of its founder, Ruben Mendoza, and its senior management team. This move aims to enhance Lowe's offerings to professional customers by expanding its product range, improving fulfillment speed, and strengthening digital and trade credit capabilities. The acquisition is also expected to create growth opportunities through expanded presence in key regions and cross-selling with recently acquired Artisan Design Group (ADG).
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lowe's Companies Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL93813) on October 09, 2025, and is solely responsible for the information contained therein.