M&A Deal Summary

Lowe s Acquires Eagle Hardware & Garden

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 1999-04-02
Target Eagle Hardware & Garden
Sector Retail
Buyer(s) Lowe s
Deal Type Add-on Acquisition

Target

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(S) 1

Buyer

Lowe s

Mooresville, North Carolina, United States
Category Company
Founded 1921
Sector Retail
Employees300,000
Revenue 86.4B USD (2024)
DESCRIPTION
Entrance to Lowe's Companies' corporate headquarters in Mooresville, North Carolina.
Entrance to 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, Canada, and Mexico. Lowe's was formed in 1921 and is based in Mooresville, North Carolina.

DEAL STATS #
Overall 1 of 8
Sector (Retail) 1 of 4
Type (Add-on Acquisition) 1 of 5
State (Washington) 1 of 2
Country (United States) 1 of 6
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.

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