Foundation building materials, building products distribution company owned by american securities and cd&r, to be sold to lowe's in $8.8 billion transaction

New york , aug. 20, 2025 /prnewswire/ -- american securities llc ("american securities") and cd&r today announced they have entered into a definitive agreement to sell foundation building materials, inc. ("fbm" or the "company") to lowe's companies, inc. ("lowe's") (nyse: low) for $8.8 billion. fbm is a leading north american distributor of interior building products, including drywall, metal framing, ceiling systems, commercial doors and hardware, insulation and complementary products serving large residential and commercial professionals in both new construction and repair and remodel applications.
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