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American Securities and CD&R to sell Foundation Building Materials to Lowe’s for $8.8bn

Since 2011, FBM has a network of over 370 locations in the US Ruben Mendoza serves as CEO of FBM American Securities and CD&R have agreed to sell Foundation Building Materials, a Santa Ana, California ...
Yahoo Finance

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, ...