Announced
Completed
Financials
Tags
water filtration
United States
Private
Completed
Capital Goods
Majority
Acquisition
Domestic
Friendly
Single Bidder
Synopsis
Fortune Brands Innovations, a manufacturer of home and security products, completed the acquisition of SpringWell, a residential whole-home water filtration and water softening solutions provider, for $105m. “This acquisition opens opportunities for Fortune Brands to cross-sell our complementary water management products and positions Fortune Brands to continue to strategically expand our whole home water ecosystem enabled by smart, connected products,” Nicholas Fink, Fortune Brands Chief Executive Officer.
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