Lowe's to Acquire Artisan Design Group

Mooresville, NC, April 15, 2025-Lowe's has entered into a definitive agreement to acquire Artisan Design Group (ADG) for $1.325 billion.

ADG is a nationwide provider of design, distribution and installation services for interior surface finishes, including flooring, cabinets and countertops, to national, regional and local homebuilders and property managers. Through a combination of organic growth and a series of targeted acquisitions that extended its capabilities and footprint, ADG has built a national network of over 3,200 specialized installers and long-standing relationships with single-family and multifamily homebuilders as well as property managers, with fiscal 2024 revenue of approximately $1.8 billion.

ADG was formed in 2016 through the combination of Floors Inc. and Malibu Floors. Acquisitions have included Accents & Interiors, Arlun, Atlanta West Carpets, Builders Wholesale Flooring, Distinctive Kitchens & Baths, Dixie Interiors, Great Floors, Heritage, JR McDade, Just Floors, Kermans, Malibu Floors, Markraft Cabinets, Metro Carpets, Nonn's, Pacific Carpets, United Finishes, Value Plus Flooring, Vintage Design and WCCV.

ADG will expand Lowe's Pro offering into a new distribution channel within a highly fragmented, approximately $50 billion market.

Lowe's will finance the acquisition with cash on hand. The transaction is expected to close in the second quarter of 2025 and must be approved by the federal government. 

Related Topics:Great Floors, Artisan Design Group