A Look Back
Fortune Brands began its journey as a publicly traded company (NYSE: FBHS or “Fortune Brands Home & Security, Inc.”) in 2011, as a successful spin-off from Fortune Brands, Inc. Since then, we have grown organically and through acquisitions, and have delivered strong financial performance. We have also proven our resilience and execution excellence. We outperformed and expanded in our categories through the housing market recovery, and executed our strategies through global disruptions, while refining our portfolio for the future.
On December 14, 2022, we completed the separation of our Cabinets business, enabling us to pursue our unique and exciting path for accelerating growth and productivity.
Today, we are a new company: Fortune Brands Innovations, Inc. (NYSE: FBIN). We are focused on driving our brand, innovation and channel leadership, and winning in supercharged categories.
We have a proven track record of value-creating acquisitions in high-growth categories. With 11 major acquisitions and over $2 billion deployed since 2011, we are accelerating growth through our disciplined acquisition strategy.
Ticker Symbol Changed to FBIN
Fortune Brands Innovations, Inc. begins trading on the New York Stock Exchange under the ticker symbol FBIN on December 15, 2022.
Fortune Brands Innovations
Company begins new future as Fortune Brands Innovations, Inc.
Separated from Cabinets Business
Fortune Brands separates from Cabinets business via a spinoff.
Fortune Brands acquires Aqualisa, a leading U.K. manufacturer of shower products known for premium, innovative, smart digital shower systems and exceptional customer care. Aqualisa joins Fortune Brands’ Water Innovations segment.
Fortune Brands renames Plumbing segment to Water Innovations to better reflect the division’s focus.
Solar Innovations Acquired
Fortune Brands acquires Solar Innovations, LLC, a leading producer of wide-opening exterior door systems and outdoor enclosures. Solar Innovations joins Fortune Brands’ Outdoors & Security segment.
Fortune Brands Celebrates 10 Years
Fortune Brands Home & Security, Inc., marks its 10-year anniversary as an independent, publicly-traded company.
Susan Kilsby Appointed Board Chair
Susan Kilsby becomes Board chair, the first woman at Fortune Brands to hold the position.
Master Lock Celebrates 100 Years
Master Lock celebrates its 100-year anniversary, marking a century of helping people, businesses and communities across the globe secure what’s important.
Fortune Brands acquires LARSON, the North American market leading brand of storm, screen and security doors, further expanding into outdoor living. LARSON joins the newly renamed Outdoors & Security segment.
Outdoors & Security
Fortune Brands renames Doors & Security segment to Outdoors & Security to better reflect the division’s focus.
Nicholas Fink Becomes CEO
Nicholas Fink succeeds Christopher Klein as chief executive officer and joins Fortune Brands’ Board of Directors.
House of Rohl Created
Fortune Brands’ Global Plumbing Group (GPG) creates the House of Rohl, gathering its hand-crafted, luxury brands – Rohl, Riobel, Perrin & Rowe, Victoria + Albert, and Shaws – into one powerful collection.
Fortune Brands acquires Fiberon composite decking as part of the newly created Doors & Security business segment, gaining entry into the exciting and fast-growing outdoor living market.
Expanding the Global Plumbing Group
Fortune Brands expands the Global Plumbing Group (GPG) with the acquisitions of Victoria + Albert and Shaws.
The Global Plumbing Group (GPG) Created
Fortune Brands creates the Global Plumbing Group (GPG), enabling the GPG to reach a broader set of consumers with an expanded brand and product portfolio, as well as to accelerate growth in the Plumbing segment.
New Plumbing Brands Acquired
Fortune Brands acquires Riobel, Rohl, and Perrin & Rowe, broadening the Plumbing segment’s overall product offering beyond Moen, the #1 consumer faucet brand in North America.
Joining the S&P 500
Fortune Brands joins the S&P 500.
Waterloo Tool Storage Divested
Fortune Brands divests Waterloo Tool Storage.
Norcraft Companies Acquired
Fortune Brands acquires Norcraft Companies, one of the longest-running cabinet manufacturers, expanding MasterBrand Cabinets’ distribution and strengthening product offerings.
Moen Celebrates 75 Years
Moen celebrates its 75th anniversary and 75 years of creating innovations that enhance people’s lives.
Simonton Windows Divested
Fortune Brands divests Simonton Windows.
Fortune Brands acquires SentrySafe, a pioneer of fire and water resistant safes and protective security containers for the masses.
Fortune Brands acquires WoodCrafters cabinets, strengthening the Cabinets segment’s offerings of vanities and vanity sink tops.
Fortune Brands Initiates Quarterly Dividend
Fortune Brands initiates its dividend, declaring a quarterly cash dividend payment to shareholders.
Fortune Brands Begins NYSE Trading
Fortune Brands Home & Security, Inc. begins trading on the New York Stock Exchange under the ticker symbol FBHS on October 4, 2011. Fortune Brands began with four operating segments: Cabinets, Plumbing, Windows & Doors, and Security & Storage.
Prior to its spin-off, the company operated as a division of the former Fortune Brands, Inc. holding company.
Innovation is in our DNA. Our businesses have been at the forefront of pioneering new technologies since their creation. Master Lock invented the world’s first laminated steel padlock in 1921. Moen invented the world’s first single-handle faucet in 1947, allowing consumers to easily adjust tap water temperature. LARSON produced the first wood core storm door in 1966, and in 1983, Therma-Tru introduced the first fiberglass door, giving the public an energy-efficient and durable door option.
We are proud to continue this tradition of innovation. Moen is leading the way in digital water innovations with the Moen Smart Water Network. Master Lock introduced its Bluetooth padlock in 2016, the first security specialist to unveil a padlock with keyless entry, shared access and no numerical codes. LARSON launched its Scenix porch windows with Screen Away retractable screens in 2017, an industry-first in outdoor living. Our legacy of innovation inspires and drives us to continue pioneering new products that excite and meet the needs of our customers.