Customer Service
Lowe’s acquiring Artisan Design Group for $1.3B
April 29, 2025
Lowe's Companies Inc. is acquiring Artisan Design Group, a provider of design, distribution and installation services for interior surface finishes, for $1.325 billion.
ADG had a fiscal 2024 revenue of approximately $1.8 billion, a national network of over 3,200 specialized installers and long-standing relationships with single-family and multifamily homebuilders as well as property managers. The acquisition will expand Lowe's Pro offering into a new distribution channel within a highly fragmented, approximately $50 billion market, according to a press release.
"With more than 18 million homes needed in the United States by 20331, we expect new home construction will be a major driver of Pro planned spend for the next decade. The acquisition of ADG allows us to build on our momentum with Pro planned spend and is expected to expand our total addressable market by approximately $50 billion," Marvin R. Ellison, Lowe's chairman, president and CEO, said in the release. "With its strong, customer-centric operating model, ADG has become an industry leader with best-in-class customer satisfaction scores from the top builders in the U.S. We look forward to welcoming the ADG team to Lowe's, and, through our combined capabilities, enhancing our offering to our expanded Pro customer base."
Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates.
Formed in 2016 by the merging of two industry leaders, ADG operates 132 distribution, design, and service facilities in 18 states, and is headquartered in Dallas, Texas.
Subscribe
Get the latest news and resources from Retail Customer Experience.
