Agreement signedPublished 20 Aug 2025

Lowe’s Companies, Inc. /
ASP Flag Parent Holdings, Inc.

Lowe’s agrees to buy ASP Flag Parent Holdings, Inc.

Buy side: Lowe’s Companies, Inc.
Buy sideLowe’s Companies, Inc.
Target: ASP Flag Parent Holdings, Inc.
TargetASP Flag Parent Holdings, Inc.
Lowe’s Companies, Inc. · 20 Aug 2025Source
Buy side: Lowe’s Companies, Inc.
Buy sideLowe’s Companies, Inc.
Target: ASP Flag Parent Holdings, Inc.
TargetASP Flag Parent Holdings, Inc.
01 / BuyerLowe’s Companies, Inc.
02 / TargetASP Flag Parent Holdings, Inc.
Source for the buyer and target: Lowe’s Companies, Inc.

For the buyer and target.

“On August 19, 2025, Lowe’s Companies, Inc., a North Carolina corporation (the “ Company ”), ASP Flag Parent Holdings, Inc., a Delaware corporation (the “ Target ”), and ASP Flag Holdings LP, a Delaware limited partnership (“ Seller ”), entered into a Stock Purchase Agreement (the “ Purchase Agreement ”), pursuant to which the Company will acquire all of the shares of stock (the “ Shares ”) of the Target (such transaction, the “ Transaction ”).”

Published 20 Aug 2025

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01

What happened

Lowe’s Companies, Inc. entered into a stock purchase agreement to acquire all shares of ASP Flag Parent Holdings, Inc. The company will also acquire the business of Foundation Building Materials, Inc., a wholly-owned subsidiary of the target. [01]

The agreed cash consideration is $8.8 billion, payable at closing and subject to adjustment. Terms weren't disclosed. [01]

02

The source

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01
Source · Lowe’s Companies, Inc.

Lowe’s agrees to buy ASP Flag Parent Holdings, Inc.

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Timeline

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  1. Published by Lowe’s Companies, Inc.

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