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MoenBathroomParentCompanyAcquires1BritishSmartShowerBathroomCompanyFor$160Million|iVIGATapFactorySupplier

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Moen Bathroom Parent Company Acquires 1 British Smart Shower Bathroom Company For $160 మిలియన్

బాత్రూమ్ బిజినెస్ స్కూల్

On Aug. 1, Moen Bathroom parent company FBHS Group (ఫార్చ్యూన్ బ్రాండ్స్ హోమ్ & Security Inc. NYSE:FBHS) announced that it has acquired a leading British shower products manufacturer, Aqualisa Holdings Ltd.

Moen Bathroom Parent Company Acquires 1 British Smart Shower Bathroom Company For $160 Million - News - 1

The company said the group completed the acquisition on July 29 for approximately $160 మిలియన్.
The Aqualisa brand is a great addition to the Moen smart showerheads,” said Nicholas Fink, CEO of FBHS Group Brands, “Aqualisa is known for its high quality, innovative, smart shower systems. With the acquisition of Aqualisa, the FBHS Group’s bathroom offerings will be expanded to include smart shower products, driving further business growth, the company said.
Aqualisa Holdings (International) Ltd. was founded in 1976 as a British shower product designer and manufacturer. The company mainly manufactures and markets showerheads and other products under the Aqualisa brand. It is headquartered in Westerham, UK, and employs approximately 260 ప్రజలు.
లో 2021, FBHS Group will have sales of $7.7 బిలియన్ (సుమారు RMB 49 బిలియన్) and operating income of $1.1 బిలియన్ (సుమారు RMB 7 బిలియన్). వాటిలో, the plumbing business is $2.761 బిలియన్, and the cabinet business, including bathroom cabinets and cupboards, ఉంది $2.855 బిలియన్.

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