Home Improvement Stores M&A » By The Online Investor Staff, updated Sun., Jul. 3, 3:58 PM
Recent mergers and acquisitions in the Home Improvement Stores M&A category.
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Slide #3. Lowe's Companies, Inc. — Orchard Supply Hardware Stores
Acquirer:
Lowe's Companies, Inc. (LOW)
Acquiree:
Orchard Supply Hardware Stores (OSH)
Details:
Orchard Supply Hardware Stores (NASDAQ:OSH), a neighborhood hardware and garden store focused on paint, repair and the backyard, today announced that it has reached an agreement through which Lowe's Companies, Inc. (NYSE:LOW) will acquire the majority of its assets for $205 million in cash, plus the assumption of payables owed to nearly all of Orchard's supplier partners. To facilitate the sale and restructure its balance sheet, Orchard has filed voluntary Chapter 11 petitions in the United States Bankruptcy Court for the District of Delaware.
Lowe's is a home improvement retailer. Co. provides home improvement products in the following categories: appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, decor, lighting, and electrical. Co. provides installation services in various of its product categories, with flooring, kitchens and bath, millwork, appliances, and lumber. Co. also provides extended protection plans for various products within the appliances, kitchens and bath, decor, millwork, rough plumbing and electrical, seasonal and outdoor living, tools, and hardware categories.
Lowes Companies SEC Filing Email Alerts Service
Open the LOW Page at The Online Investor »
Lowe's is a home improvement retailer. Co. provides home improvement products in the following categories: appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, decor, lighting, and electrical. Co. provides installation services in various of its product categories, with flooring, kitchens and bath, millwork, appliances, and lumber. Co. also provides extended protection plans for various products within the appliances, kitchens and bath, decor, millwork, rough plumbing and electrical, seasonal and outdoor living, tools, and hardware categories.
Lowes Companies SEC Filing Email Alerts Service
Open the OSH Page at The Online Investor »
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