Add-on Acquisition • Retail

Lowe s Acquires Allied Trade Group

On December 29, 2011, Lowe s acquired retailer Allied Trade Group

Acquisition Context
  • This is Lowe s’ 2nd transaction in the Retail sector.
  • This is Lowe s’ 2nd transaction in the United States.
  • This is Lowe s’ 2nd transaction in Washington.

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M&A Deal Summary

Date December 29, 2011
Target Allied Trade Group
Sector Retail
Buyer(s) Lowe s
Deal Type Add-on Acquisition

Target Company

Allied Trade Group

Kirkland, Washington, United States
Allied Trade Group, Inc., a online retailer of home improvement products.
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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 3 of 10
Sector: Retail 2 of 4
Type: Add-on Acquisition 2 of 7
State: Washington 2 of 2
Country: United States 2 of 8
Year: 2011 1 of 1
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-20 Orchard Supply Hardware Stores

San Jose, California, United States

Orchard Supply Hardware Stores Corp., a chain of high volume, high service retail hardware stores located in California.

Buy $205M