iVIGA ਟੈਪ ਫੈਕਟਰੀ ਸਪਲਾਇਰ
ਅਸਲੀ ਰਸੋਈ & Bath Kitchen & ਇਸ਼ਨਾਨ ਦੀਆਂ ਸੁਰਖੀਆਂ
Recently, FBHS announced that it has completed the acquisition of Aqualisa Holdings (hereinafter referred to as Aqualisa) for $160 ਮਿਲੀਅਨ (RMB ਬਾਰੇ 1.080 ਅਰਬ). FBHS owns well-known bathroom brands such as Moen and ROHL. In the first half of the year, its water innovation business had sales of $1.294 ਅਰਬ (RMB ਬਾਰੇ 8.728 ਅਰਬ). The acquisition will strengthen FBHS’s global presence in the sanitary industry.
Spending about 1.08 billion yuan to acquire a British bathroom company
On August 1, local time, FBHS announced that it has acquired Aqualisa, a British bathroom brand known for its innovative and intelligent shower systems and customer service. The acquisition was completed on July 29 for approximately $160 ਮਿਲੀਅਨ (ਲਗਭਗ RMB 1.080 ਅਰਬ).
Nicholas Fink, CEO of FBHS, said the acquisition is a key strategy for the company in the water sector. As a member of the Water Innovation business, Aqualisa will enable the company to provide strong momentum in water management, connected products and global sustainability. Also, with the Aqualisa acquisition, FBHS’ Water Innovation business will gain access to digital shower products across price points, technologies and regions, driving further business growth.
Nicholas Fink also said that Aqualisa is a great addition to the company’s bathroom brands such as Moen and ROHL. They will leverage strong marketing capabilities and a continuously growing water innovation platform to expand sales in the U.S., U.K. and Europe, and enter new markets in the future.
According to public information, Aqualisa was founded in 1976 and is a leading manufacturer of intelligent shower products. It has a strong reputation in the UK market for shower products manufactured and marketed primarily under the Aqualisa brand. Currently, the company is headquartered in Westram, UK, and employs about 260 ਲੋਕ. As previously reported, Aqualisa replaced its chief executive officer not long ago. Mat Norris has replaced Colin Sykes, who had held the position since 2018. The latter will continue to serve as a non-executive director and strategic advisor to the company.
First-half sales of approximately $27.183 ਅਰਬ
According to the recently released FBHS H1 2022 report, the company achieved sales of $4.028 ਅਰਬ (ਲਗਭਗ RMB 27.183 ਅਰਬ) ਜਨਵਰੀ ਤੋਂ ਜੂਨ ਤੱਕ, ਦਾ ਵਾਧਾ 9% ਸਾਲ-ਦਰ-ਸਾਲ. During the same period, FBHS’ EBITDA was $373 ਮਿਲੀਅਨ, a 6% decrease year-over-year.
By business, in the first half of the year, sales of FBHS’ water innovation business (plumbing business) were $1.294 ਅਰਬ (ਲਗਭਗ RMB 8.728 ਅਰਬ), a decrease of 2% ਸਾਲ-ਦਰ-ਸਾਲ. Sales of the cabinet business, including bathroom cabinets, were $1.633 ਅਰਬ (ਲਗਭਗ RMB 11.014 ਅਰਬ), ਦਾ ਵਾਧਾ 11% ਸਾਲ-ਦਰ-ਸਾਲ. Sales of outdoor and security products business were $1.102 ਅਰਬ (RMB ਬਾਰੇ 7.432 ਅਰਬ), ਦਾ ਵਾਧਾ 17% ਸਾਲ-ਦਰ-ਸਾਲ.
In its semi-annual report, FBHS mentioned price adjustment measures, saying that it delivered strong results in the second quarter as inflation was fully offset by price and cost-related measures. They also said that sales of outdoor and safety products and cabinet products all grew, driven by these measures. ਹਾਲਾਂਕਿ, sales in the Water Innovations business declined 6 percent in the second quarter due to the impact of the outbreak-related shutdown in China, and when China is removed, Water Innovations sales had a 4 percent growth rate and an operating margin of approximately 24.9 ਪ੍ਰਤੀਸ਼ਤ.
A review of FBHS’s annual reports published since its IPO shows that the company’s sales have doubled in 10 ਸਾਲ. ਵਿੱਚ 2011, FBHS sales were $3.3 ਅਰਬ, and have largely maintained a growth trend over the past 10 years since then. By 2021, FBHS sales reached $7.7 ਅਰਬ, ਦਾ ਵਾਧਾ 26% from the previous year. Looking ahead to 2022, FBHS expects full-year sales growth to remain in the 6.5% ਨੂੰ 7.5% range. Earnings per share are in the range of $6.36 ਨੂੰ $6.50.
Acquired more than 20 ਵਿੱਚ ਕੰਪਨੀਆਂ 50 ਸਾਲ
ਇੱਕ ਵਿਸ਼ਾਲ ਕੰਪਨੀ ਦੇ ਰੂਪ ਵਿੱਚ, although FBHS is not as well known in China as subsidiaries such as Moen and ROHL, the development of this company is a typical example of the growth of the home industry through acquisition. ਇਹ ਕਿਹਾ ਜਾ ਸਕਦਾ ਹੈ ਕਿ FBHS ਦਾ ਇਤਿਹਾਸ ਬ੍ਰਾਂਡ ਪ੍ਰਾਪਤੀ ਦਾ ਇਤਿਹਾਸ ਹੈ.
ਵਿੱਚ 1970, the company acquired Master Lock, a security lock company.
ਵਿੱਚ 1988, the acquisition of Aristokraft and Waterloo
ਵਿੱਚ 1990, the acquisition of ਮੋਏਨ
ਵਿੱਚ 1998, acquired Decora, ਹੀਰਾ, ਕੇਂਪਰ, Schrock
ਵਿੱਚ 2002, acquired Omega
ਵਿੱਚ 2003, acquired American Lock, Therma-Tru doors
ਵਿੱਚ 2007, acquired Simonton windows, Fypon millwork products
ਵਿੱਚ 2011, listed on the New York Stock Exchange
ਵਿੱਚ 2013, acquired Wood Crafters
ਵਿੱਚ 2014, acquired Sentrysafe and sold Simonton windows
ਵਿੱਚ 2015, acquired Norcraft, sold Waterloo
ਵਿੱਚ 2016, acquired ਰਿਓਬੇਲ, ਪੇਰਿਨ & Rowe and established Global Plumbing Group (ਜੀ.ਪੀ.ਜੀ)
ਵਿੱਚ 2017, the acquisition of ਸ਼ੋ, Victoria + ਅਲਬਰਟ
ਵਿੱਚ 2018, the acquisition of Fiberon
ਵਿੱਚ 2020, the acquisition of Larson storm doors
ਵਿੱਚ 2022, the acquisition of Aqualisa