US EditionLowe's Completes Acquisition of Artisan Design Group
- On June 2, 2025, Lowe's Companies, Inc. Finalized its purchase of Artisan Design Group in Mooresville, North Carolina.
- The $1.325 billion acquisition followed an April 2025 agreement amid a fragmented $50 billion market served by ADG's design, distribution, and installation services.
- ADG, headquartered in Dallas, operates 132 facilities and employs over 3,200 personnel across 18 states, primarily serving homebuilders and property managers.
- Marvin R. Ellison, Lowe's chairman and CEO, expressed satisfaction in finalizing the deal and warmly embracing the skilled ADG team as part of Lowe's.
- The acquisition aims to accelerate Lowe's growth in professional planned spend and expand into adjacent distribution channels despite various economic and integration risks.
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Chatham Star Tribune+36 Reposted by 36 other sources
Lowe's Completes Acquisition of Artisan Design Group
MOORESVILLE, N.C., June 2, 2025 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today announced it has completed its previously announced acquisition of Artisan Design Group ("ADG"), a leading nationwide provider of design, distribution and installation services for interior surface finishes…
Lowe's completes acquisition of Artisan Design Group for $1.3bn
Home improvement retailer Lowe's Companies has completed the acquisition of Artisan Design Group, an interior services provider, for $1.325bn.The post Lowe’s completes acquisition of Artisan Design Group for $1.3bn appeared first on Retail Insight Network.
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