Fortune Brands Acquires LARSON Manufacturing
November 17, 2020
Fortune Brands Home & Security, Inc. agreed to acquire LARSON Manufacturing for approximately $660 million, adding the North American storm, screen and security door leader to its newly renamed Outdoors & Security segment. LARSON, headquartered in Brookings, South Dakota, with roughly $390 million in revenue and about 1,200 employees, expands Fortune Brands' outdoor living and door product portfolio and is expected to be immediately accretive to earnings.
- Buyers
- Fortune Brands Home & Security, Inc.
- Targets
- LARSON Manufacturing
- Industry
- Building Products
- Location
- South Dakota, United States
- Transaction Type
- Buyout
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