Masco Corporation Announces Completion of Kichler Lighting Acquisition
March 09 2018 - 2:15PM
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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Masco CorporationDavid ChaikaVice President, Treasurer and
Investor Relations313.792.5500david_chaika@mascohq.com
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