Today, we are proud to announce that we have completed our previously announced spin-off of the Cabinets business creating two independent, publicly traded companies.
In addition, our previously announced name change to Fortune Brands Innovations, Inc. and stock ticker change to FBIN is effective as of today.
“Since we announced the intent to separate, our teams have been hard at work ensuring that both Fortune Brands and MasterBrand are prepared for future success and growth opportunity. I am proud today to say that we have successfully met that goal,” said Fortune Brands Chief Executive Officer Nicholas Fink. “I’m so impressed with what our teams have accomplished and excited for the future of both these companies, as this separation represents a catalyst to pursue our unique paths for growth and create increased value for consumers, customers and shareholders.”
To learn more about Fortune Brands Innovations and our focus on exciting, supercharged growth opportunities within the home, security and commercial building markets, you can watch our introduction video here.