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Fortune Brands Home & Security Inc Signs Agreement To Acquire Woodcrafters Home Products, LLC

Thursday, 2 May 2013 04:02pm EDT 

Fortune Brands Home & Security Inc announced it has signed an agreement to acquire WoodCrafters Home Products, LLC, a , privately-owned manufacturer of bathroom vanities and tops with estimated annual sales of $230 million. The transaction is valued at approximately $300 million. WoodCrafters will become part of the Company`s Kitchen & Bath Cabinetry segment and will greatly expand the Company`s offerings of bathroom cabinetry. The closing of the transaction is subject to regulatory approval and is expected to occur prior to the end of 2013. 

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-0.07 -0.15%
5 Mar 2015