On the Record · Lowes Companies
Lowes Companies acquisitions, on the record
The businesses Lowes Companies bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Canadian retail businessWord for word“On February 3, 2023, the Company sold its Canadian retail business to Sycamore Partners for $ 491 million in cash, and performance-based contingent consideration with a fair value of $ 21 million, which is recognized as a financial asset in long-term investments on the consolidated balance sheet.” 10-K for 2023 | divestiture | February 3, 2023 | $ 491 million in cash, and performance-based contingent consideration with a fair value of $ 21 million |
Artisan Design Group (ADG)Word for word“On June 2, 2025, the Company completed the acquisition of ADG for an aggregate cash purchase price of $ 1.3 billion, which is included in the investing section of the consolidated statements of cash flows, net of cash acquired.” 10-K for 2026 | acquisition | On June 2, 2025 | $ 1.3 billion |
Foundation Building Materials (FBM)Word for word“On October 9, 2025, the Company completed the acquisition of FBM for an aggregate cash purchase price of $ 8.8 billion, which is included in the investing section of the consolidated statements of cash flows, net of cash acquired.” 10-K for 2026 | acquisition | On October 9, 2025 | $ 8.8 billion |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2017-02-03 | $2.36 billion | — | $1.01 billion |
| 2018-02-02 | $509 million | — | $160 million |
| 2019-02-01 | $0 | — | $0 |
| 2020-01-31 | $0 | — | $0 |
| 2021-01-29 | — | $0 | $8 million |
| 2022-01-28 | — | $0 | $0 |
| 2023-02-03 | — | $491 million | $0 |
| 2024-02-02 | $0 | $100 million | — |
| 2025-01-31 | $0 | $177 million | $0 |
| 2026-01-30 | $10.09 billion | $0 | $3.63 billion |
Deal filings since 2016
- 2025-10-09 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-09-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-09-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-08-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-09-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-03-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-01-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-09-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-03-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-12-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-09-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-04-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-10-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-03-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-03-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-01-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-09-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-04-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-09-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-05-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-04-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-11-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-05-24 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-04-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-04-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-02-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Lowes Companies’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-03-23. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.