Add-on Acquisition • Retail

Lowe s Acquires Eagle Hardware & Garden

On April 2, 1999, Lowe s acquired retailer Eagle Hardware & Garden

Acquisition Context
  • This is Lowe s’ 1st transaction in the Retail sector.
  • This is Lowe s’ 1st transaction in the United States.
  • This is Lowe s’ 1st transaction in Washington.

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M&A Deal Summary

Date April 2, 1999
Target Eagle Hardware & Garden
Sector Retail
Buyer(s) Lowe s
Deal Type Add-on Acquisition

Target Company

Eagle Hardware & Garden

Renton, Washington, United States
Eagle Hardware & Garden, Inc., operates warehouse home-improvement centers in nine Western states.
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Buyer Overview 1

Buyer

Lowe s

Mooresville, North Carolina, United States

Category Company
Founded 1921
Sector Retail
Employees161,000
Revenue 83.7B USD (2025)
DESCRIPTION
Lowe's Companies' corporate headquarters in Mooresville, North Carolina.
Lowe's Companies' corporate headquarters in Mooresville, North Carolina.

Lowe's is a home improvement retailer with more than 1,800 locations across the US and Mexico. Lowe's was formed in 1921 and is based in Mooresville, North Carolina.


Deal Context for Buyer #
Overall 1 of 10
Sector: Retail 1 of 4
Type: Add-on Acquisition 1 of 7
State: Washington 1 of 2
Country: United States 1 of 8
Year: 1999 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-02 Carboxy Pty

Bella Vista, Australia

Carboxy Pty Ltd. is a joint venture between Woolworths and Lowe's Companies, Inc.

Buy -