Fortune Brands Innovations Announces Agreement to Sell Fiberon
Business Wire•15/10/2026•16:05 ET
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Key Highlights
- ➤Fortune Brands agrees to sell Fiberon decking business to Inteplast subsidiary
- ➤Transaction closing expected within 60 days, subject to regulatory approval
- ➤Sale follows strategic review and concentrates resources on higher-return opportunities
Fortune Brands Innovations Announces Agreement to Sell Fiberon
Fortune Brands Innovations, Inc. (NYSE: FBIN) (“Fortune Brands” or the “Company”), an industry-leading home, security and digital products company, today announced it has executed a definitive agreement to sell its Fiberon composite decking business to a subsidiary of Inteplast Group Corporation.
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