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Lowe’s completes acquisition of Foundation Building Materials

Lowe’s (LOW) announced that the company has completed its previously announced acquisition of Foundation Building Materials, a 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, faster fulfillment, improved digital tools, and a robust trade credit platform.

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