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Lowe’s Advances Pro Strategy with $1.3 Billion Artisan Design Group Acquisition

The deal, expected to close in Q2 2025, positions Lowe’s to expand its Pro offerings and enter a $50 billion interior finishes market.

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Overview

  • Lowe’s announced its $1.3 billion acquisition of Artisan Design Group (ADG), a leading provider of interior surface design, distribution, and installation services.
  • The transaction is pending regulatory and shareholder approvals and is anticipated to finalize in the second quarter of 2025.
  • ADG operates 132 facilities across 18 states and employs over 3,200 personnel, serving homebuilders and property managers nationwide.
  • Lowe’s expects the acquisition to expand its total addressable market by approximately $50 billion, leveraging ADG’s capabilities to grow its Pro business.
  • The move mirrors Home Depot’s $18 billion acquisition of SRS Distribution in 2024, as competition intensifies in the home improvement retail sector.