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, Inc. ("FBM" or the "Company") to Lowe's Companies, Inc. ("Lowe's") (NYSE: LOW) for $8.8 billion. CD&R Logo FBM is a leading North American distributor of interior building products, including drywall, metal framing, ceiling systems, commercial doors and hardware, insulation and complementary products serving ...