Freshfields Advises Lowe’s in its $8.8bn Acquisition of Foundation Building Materials

Freshfields is advising Lowe’s Companies, Inc (NYSE: LOW) in its acquisition of Foundation Building Materials (FBM), a leading North American distributor of interior building products, for approximately $8.8bn. The acquisition is expected to accelerate Lowe's Total Home strategy by enhancing its offering and creating a premier platform for its Pro customers.

The Freshfields team is led by partners Damien Zoubek and Jenny Hochenberg and includes senior associate Abigail Hathaway and associates Evan Yoo, Nana Kessie, Elen Shlyakhanova, Ruth Levy, Yuanmeng He, Eric Mason and Abby Rubinshteyn. Partner Nicole Foster, counsel Jordan Salzman and associate AliceRose Sherman advised on executive benefits and compensation matters; partners Steven Matays and Joe Soltis and associates HyunKyu Kim and Dominik Luczak advised on tax matters; partner John Rousakis, counsel Jeremiah Nelson and associates Casey Hagen, Matt Parsons and Kate Koudouna advised on real estate matters; partners Meghan Rissmiller and Christine Wilson, special counsel Tom Morgan and associates Chris Kraft, Matt Azzopardi and Kara King advised on antitrust matters; partner Kyle Lakin and associates Nicholas Mack and Sydney Hallisey advised on finance matters; partner Pamela Marcogliese, counsel Jeffrey Gould, senior associate Aashim Usgaonkar and associates Alice Lindemann, Ofek Galipoliti and Collette Moura advised on capital markets matters; partner Mena Kaplan, senior associate Daniel Spencer and associates Frederick La Violette and Faron Stalker advised on intellectual property matters and partner Brock Dahl, senior associate Christine Chong and associate Jackson Myers advised on data privacy matters.