- Blackstone and Bain Capital are eyeing Fortune Brands assets ( MasterBrand Cabinets, Simonton Windows, Therma-Tru Doors, etc.), according to Reuters and other media reports. The Deerfield, IL conglomerate filed to sell its home unit companies last month.
Fortune Brands said last month it would spin off its $3 billion Home & Security unit, including MasterBrand Cabinets. Other cabinetry lines including Aristokraft, Decorá, Diamond, Omega and Kitchen Craft.
In addition to Moen faucets, the Home Unit also includes Therma-Tru doors and Simonton vinyl-framed windows, as well as Master Lock padlocks and Waterloo storage and organization products. Other MasterBrand Cabinets lines include Capital Cabinets, Dynasty, Georgetown, HomeCrest, Kemper, Kitchen Classics, Maple Creek and Schrock.>>
Investors eye Fortune home cabinetry unit
By
Bill Esler
DEERFIELD, IL
.
Have something to say? Share your thoughts with us in the comments below.