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flag Lowe's completes acquisition of Foundation Building Materials to boost commercial operations and supply chain.

flag Lowe's has completed its acquisition of Foundation Building Materials from private equity firms American Securities and CD&R, expanding its presence in the wholesale building materials market. flag The deal strengthens Lowe's supply chain and services for contractors, reflecting a strategic push to grow its commercial operations. flag Foundation, a major distributor across multiple states, will now operate under Lowe's, marking a key move in the industry's ongoing consolidation.

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