See every side of every news story
Published loading...Updated

Lowe's buying interior design company in $1.33B deal

  • Lowe's Companies, Inc. Agreed to purchase Artisan Design Group for $1.325 billion, announced April 14, 2025.
  • Sterling Group's six-year partnership with ADG led to strategic expansion and this agreement with Lowe's.
  • ADG is headquartered in Dallas and operates 132 facilities across 18 states with 3,200 personnel.
  • Johann Friese said Sterling supported ADG's growth since 2018, while Ellison noted ADG's customer satisfaction.
  • Lowe's expects the acquisition to close in Q2 2025, expanding their market by $50 billion due to construction needs.
Insights by Ground AI
Does this summary seem wrong?

27 Articles

All
Left
Center
13
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

hbsdealer.com broke the news in on Monday, April 14, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.