LIVONIA, Mich.--(BUSINESS WIRE)--
Masco Corporation (NYSE: MAS), one of the world’s leading manufacturers
of branded home improvement and building products, announced today the
completion of the acquisition of The L.D. Kichler Co. (“Kichler”) for
approximately $550 million.
Based in Cleveland, Ohio, Kichler is a leading developer of decorative
residential and light commercial lighting products, ceiling fans and LED
lighting systems across both consumer and professional distribution
channels. Kichler had revenues of approximately $450 million in 2017 and
employs approximately 700 people worldwide.
About Masco
Headquartered in Livonia, Michigan, Masco Corporation is a global leader
in the design, manufacture and distribution of branded home improvement
and building products. Our portfolio of industry-leading brands includes
Behr® paint; Delta® and Hansgrohe® faucets, bath and shower fixtures;
KraftMaid® and Merillat® cabinets; Milgard® windows and doors; and Hot
Spring® spas. We leverage our powerful brands across product categories,
sales channels and geographies to create value for our customers and
shareholders. For more information about Masco Corporation, visit www.masco.com.
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Source: Masco Corporation