Fortune Brands Home & Security, Inc. acquired Aqualisa Holdings (International) Limited from LDC Limited for approximately $160 million.
July 28, 2022
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Fortune Brands Home & Security, Inc. (NYSE:FBHS) acquired Aqualisa Holdings (International) Limited from LDC (Managers) Limited for approximately $160 million on July 29, 2022. Chris Letters and Jeremy Millington of Gowling WLG (UK) LLP acted as legal advisor to LDC and Aqualisa. Stephen Griffiths and Samantha Gough of N M Rothschild & Sons Limited acted as financial advisor to LDC and Aqualisa. Ernst & Young LLP (UK) acted as financial due diligence provider to Aqualisa Holdings (International) Limited.
Fortune Brands Home & Security, Inc. (NYSE:FBHS) completed the acquisition of Aqualisa Holdings (International) Limited from LDC (Managers) Limited on July 29, 2022. As of October 27, 2022 Aqualisa Holdings (International) Limited for a purchase price of $156 million, net of cash acquired of $4.8 million. FBHS financed the transaction using cash on hand and borrowings under revolving credit facility.
Fortune Brands Innovations, Inc. is a home, security and commercial building products company. The Company has three segments. Water Innovations segment manufactures or assembles and sells faucets, accessories, kitchen sinks and waste disposal, predominantly under the Moen, ROHL, Riobel, Victoria+Albert, Aqualisa and Shaws brands. Outdoors segment manufactures and sells fiberglass and steel entry door systems, storm, screen and security doors, composite decking, railing and cladding under the Fiberon brand, urethane millwork under the Fypon brand, and wide-opening exterior door systems and outdoor enclosures under the Solar Innovations brand. Security segment manufactures, sources and distributes locks, safety and security devices, and electronic security products and fire-resistant safes and security containers. The Company, through SpringWell Water Filtration Systems, provides residential whole-home water filtration and water softening solutions via direct-to-consumer channels.
FORTUNE BRANDS INNOVATIONS, INC. 
