Fortune Brands acquires SpringWell, increasing presence in high-growth water filtration market
03/01/24, 7:28 AM
Location
deerfielddaytona beachIndustry
manufacturing
security
manufacturing
water purification
water
Fortune Brands Innovations, Inc. has successfully acquired SpringWell Water Filtration Systems, a provider of residential whole-home water filtration and water softening solutions. This strategic move allows Fortune Brands to expand its whole home water ecosystem and capture opportunities in the high-growth water filtration market, which is estimated to be approximately $4 billion in the U.S.
Company Info
Location
Deerfield, Illinois, United States
Company info
Fortune Brands Innovations, Inc. (NYSE: FBIN), is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. It is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security, and commercial building markets. Fortune Brands' growing portfolio of brands includes Moen, House of Rohl, Aqualisa, Emtek, and many more.