Lowe's Acquires STAINMASTER®, the Most Recognized and Trusted Carpet Brand, Advancing Total Home Strategy
MOORESVILLE, N.C., April 22, 2021 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE:LOW) today announced it acquired the STAINMASTER brand, the most recognized and trusted carpet brand on the market today, advancing the home improvement retailer's Total Home strategy.
With this acquisition, Lowe's will build on its decade-long exclusive position as the only national home improvement retailer to carry STAINMASTER carpet. The purchase includes all brand-related intellectual property from its parent company, Invista, and all related trademarks and sub-brands.
The STAINMASTER acquisi