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Oldcastle APG completes acquisition of Lowe Products Company to enhance Lawn & Garden capabilities

May 23, 2024•over 1 year ago

Acquiring Company

Oldcastle APG

Acquired Company

Lowe Products Company

AtlantaWest VirginiaConstruction

Description

Oldcastle APG, a CRH Company, has acquired the assets of Lowe Products Company including a facility located in Shepherdstown, WV, enhancing its Lawn & Garden capabilities in the Mid-Atlantic region. This strategic move reinforces Oldcastle APG’s dedication to expanding its premier outdoor living solutions offering to customers in North America while reinforcing its commitment to help customers Live Well Outside.

Company Information

Company

Oldcastle APG

Location

Atlanta, Georgia, United States

About

Oldcastle APG, a CRH company, is a leading provider of outdoor living and building materials, with industry-leading positions in hardscapes, concrete masonry, bagged dry mixes, lawn and garden, and composite decking. Oldcastle APG's brand portfolio includes Belgard hardscapes, Echelon masonry, Sakrete and Amerimix packaged products, as well as MoistureShield composite decking. For more information, visit www.oldcastleapg.com

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed