FBHS - Mergers and acquisitions

Fortune Brands Home & Security, Inc. (NYSE:FBHS, the "Company", or "Fortune Brands"))), an industry-leading home and security products company, today announced it has acquired Aqualisa Holdings (International) Ltd. ("Aqualisa"). Aqualisa is a leading U.K. manufacturer of shower products known for premium, innovative, smart digital shower systems and exceptional customer care. "Fortune Brands has long been a brand and innovation leader. As we continue to evolve, we are proactively positioning our Company for a future of increased brand and innovation strength and accelerated growth," said Nicholas Fink, chief executive officer, Fortune Brands. "This exciting acquisition helps advance our ke

Fortune Brands Home & Security, Inc. (NYSE:FBHS, the "Company, " "Fortune Brands, " or "FBHS"))), an industry-leading home and security products company, today announced it has acquired Solar Innovations, LLC, a leading producer of wide-opening exterior door systems and outdoor enclosures. Solar Innovations will be part of Fortune Brands' Outdoors & Security business segment. Its complementary product offerings will support the segment's outdoor living strategy and help Fortune Brands to further capitalize on the attractive outdoor living space and outdoor living trends. "The acquisition of Solar Innovations is aligned with our long-term strategic focus on the fast-growing outdoor living

DEERFIELD, Ill.--(BUSINESS WIRE)--Fortune Brands Home & Security, Inc. (NYSE: FBHS, the “Company”, or “Fortune Brands”), an industry-leading home and security products company, today announced it completed the acquisition of LARSON Manufacturing (“LARSON”), the North American market leading brand of storm, screen and security doors. LARSON is now part of Fortune Brands’ Outdoors & Security segment. The Company completed the acquisition for a price, net of tax benefits, of approximately $660 million, which was funded with cash on hand and borrowings under its revolving credit facility. With revenues of approximately $390 million, LARSON has approximately 1,200 associates and is head