Lowe's latest acquisition will help strengthen the home improvement chain's position with professional builders.

Lowe's Companies (NYSE:LOW) closed on its previously announced acquisition of Foundation Building Materials this week. Foundation Building Materials operates more than 370 locations across the United ...

Lowe’s Companies Inc. announced on Oct. 9 that it acquired Foundation Building Materials (FBM), a wholesale distributor of building materials and construction products.

Lowe’s has closed on its deal to acquire Foundation Building Materials. The acquisition was announced in late August, and the company at the time said it was valued at about $8.8 billion.

National home improvement chain Lowe’s finalized an $8.8 billion deal this week to acquire one of its competitors. On ...

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