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Major US home improvement chain buys competitor in $8.8B deal
Major US home improvement chain buys competitor in $8.8B deal
Major US home improvement chain buys competitor in $8.8B deal

Published on: 01/01/2026

This news was posted by Oregon Today News

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Lowe’s recently announced its $8.8 billion deal to buy Foundation Building Materials, expanding its pro builder services across North America. (AP Photo/Matt Rourke, File)

Home improvement retailer Lowe’s is buying another company for about $8.8 billion in cash. The deal will add Foundation Building Materials to Lowe’s operations.

News Source : https://www.oregonlive.com/business/2026/01/major-us-home-improvement-chain-buys-competitor-in-88b-deal.html

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