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Lowe's buys Artisan Design Group for $1.3B to boost services and compete with Home Depot.
Lowe's, a major home improvement retailer, is acquiring Artisan Design Group (ADG) for $1.3 billion to enhance its services and compete with Home Depot.
ADG provides design, distribution, and installation services for home interiors.
The acquisition aims to expand Lowe's offerings and tap into a $50 billion market, expected to close in the second quarter of 2025.
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Lowe's compra Artisan Design Group por $1.3B para impulsar sus servicios y competir con Home Depot.