Lowes completes acquisition of Foundation Building Materials

Lowe’s Companies Inc.
October 9, 2025
Category: Business & Politics
Region: United States, US East

MOORESVILLE, North Carolina —  Lowe’s announced that the Company has completed its previously announced acquisition of Foundation Building Materials (“FBM”), an industry-leading building materials and construction products distribution company with over 370 locations across the United States and Canada. The acquisition of FBM is expected to enhance Lowe’s offering to Pro customers through an expanded product assortment… in key geographies like California, the Northeast and the Midwest. It also creates significant cross-selling opportunities between FBM and Lowe’s as well as the recently acquired Artisan Design Group. …FBM will continue to be led by its founder, Ruben Mendoza, and its senior leadership team with over 200 years of combined industry experience. 

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