Fortune Brands Innovations
A publicly traded American manufacturer of water, outdoor living, security, and home products.
Last updated August 22, 2026
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Overview
Fortune Brands Innovations, Inc. is an American manufacturer and portfolio company focused on products used in residential construction, remodeling, home improvement, and commercial security. Headquartered in Deerfield, Illinois, the company traces its independent public-company history to the October 2011 spin-off of the former Fortune Brands Home & Security business from Fortune Brands, Inc. After the separation, the former parent changed its name to Beam Inc. and retained no ownership interest in the newly independent company. Fortune Brands Home & Security later adopted the Fortune Brands Innovations name as it broadened its emphasis on product innovation and organized its activities around water, outdoor living, security, and cabinetry. The company’s portfolio has included a range of established operating businesses and consumer-facing brands. Water Innovations encompasses Moen and the House of Rohl collection, including Riobel, Perrin & Rowe, Victoria + Albert, and Shaws. These businesses supply faucets, showers, tubs, sinks, accessories, and related plumbing products across mass-market, premium, and luxury segments. Moen has also developed connected and whole-home water-management products through its Moen Smart Water Network initiative. Its Outdoors & Security activities include Therma-Tru fiberglass and steel entry doors; Larson storm, screen, and security doors; Fiberon composite decking and railing; and Fypon urethane millwork. The segment also includes Master Lock and American Lock padlocks, electronic security products, and related devices, together with SentrySafe fire-resistant safes, security containers, and commercial storage products. The business was previously known as Doors & Security, but the name changed to Outdoors & Security in 2020 as the company expanded its outdoor-living portfolio. Fortune Brands historically operated a Cabinets segment through MasterBrand Cabinets, which manufactured stock, semi-custom, and custom cabinetry and vanities. Its portfolio included Omega, Decora, Diamond, Aristokraft, Urbana, and Mantra. In 2022, Fortune Brands announced a tax-free separation of the cabinetry business, and MasterBrand became a separately traded public company in December of that year. This transaction concentrated Fortune Brands on water innovations, outdoor living, and security. The company has expanded through acquisitions while also divesting or separating businesses that no longer fit its strategic focus. Acquisitions have included WoodCrafters, SentrySafe, Norcraft, Riobel, Rohl, Perrin & Rowe, Shaws of England, Victoria + Albert, Fiberon, Larson, Solar Innovations, Aqualisa, and the United States and Canadian portions of Yale’s home-lock business. The company sold or exited activities such as Simonton Windows and Waterloo tool storage. Its strategy emphasizes investment in differentiated brands, product development, operational efficiency, supply-chain flexibility, and selective mergers and acquisitions. Fortune Brands has been included in the Fortune 500 and the S&P 400 Index.
History
Fortune Brands Innovations originated in the former Fortune Brands, Inc. holding company, where its home and security activities operated as a distinct division. On October 3, 2011, Fortune Brands Home & Security was separated from the parent and began trading independently on the New York Stock Exchange under FBHS. The former parent changed its name to Beam Inc. and did not retain ownership in the new public company. The separation gave the home-products business its own capital structure and strategic identity. After the spin-off, the company pursued a portfolio strategy based on acquiring recognizable brands in plumbing, cabinetry, doors, outdoor living, and security. It acquired WoodCrafters in 2013 and SentrySafe in 2014, while selling Simonton Windows in 2014 and Waterloo tool storage in 2015. The 2015 acquisition of Norcraft expanded the cabinetry platform. In plumbing, Fortune Brands acquired Riobel in 2016, followed by Rohl and Perrin & Rowe later that year, Shaws of England in 2017, and Victoria + Albert in 2017. These transactions strengthened the premium and luxury portions of its water business and ultimately supported the House of Rohl brand architecture. The company continued to broaden its outdoor-living and building-products activities with the acquisition of Fiberon in 2018. In November 2020, the former Doors & Security segment was renamed Outdoors & Security, reflecting a wider focus beyond entry doors and locks. Larson was acquired in December 2020, adding storm, screen, and security doors. Solar Innovations joined the portfolio in January 2022, supporting the outdoor-living strategy. The company changed its corporate identity to Fortune Brands Innovations in 2021. At the end of that year, it reported approximately 28,000 associates and full-year net sales of $7.7 billion. The company’s reported activities were organized into Water Innovations, Outdoors & Security, and Cabinets. Water Innovations included Moen and House of Rohl; Outdoors & Security included Therma-Tru, Larson, Fiberon, Fypon, Master Lock, American Lock, and SentrySafe; and Cabinets operated through MasterBrand. In 2022, Fortune Brands acquired Aqualisa, a shower-products manufacturer, for $160 million. That same year it announced a planned tax-free separation of MasterBrand Cabinets. The separation was completed in December 2022, creating MasterBrand, Inc. as a separate public company and leaving Fortune Brands more concentrated on water, outdoor living, and security. In July 2023, Fortune Brands acquired the United States and Canadian portions of Assa Abloy’s Yale home-lock business, expanding its residential access and connected-security presence. Leadership changed during the company’s independent history. Christopher J. Klein served as chief executive from the 2011 spin-off through 2019. Nicholas I. Fink, previously chief operating officer and president of the Global Plumbing Group, became CEO in January 2020. Patrick D. Hallinan became CFO in July 2017, succeeding E. Lee Wyatt. Susan Saltzbart Kilsby became non-executive board chair in January 2020. In March 2026, the company said it would rescind the planned appointment of Amit Banati and restart its search for a new chief executive.
- 2023
Yale home-lock acquisition
[1]Fortune Brands acquired the United States and Canadian portions of the Yale home-lock business from Assa Abloy.
- 2022
Aqualisa acquisition and MasterBrand separation plan
[1]Fortune Brands acquired Aqualisa and announced the planned separation of its cabinetry business.
- 2022
MasterBrand spin-off
[1]MasterBrand Cabinets was separated into a separately traded public company.
- 2021
Corporate name change
[1]Fortune Brands Home & Security adopted the Fortune Brands Innovations name.
- 2020
Outdoors & Security repositioning
[1]The former Doors & Security segment adopted the Outdoors & Security name, followed by the acquisition of Larson.
- 2016
Expansion of premium plumbing portfolio
[1]The acquisitions of Riobel, Rohl, and Perrin & Rowe expanded the company’s premium and luxury plumbing activities.
- 2011
Spin-off and NYSE listing
[1]Fortune Brands Home & Security became an independent public company and began trading on the NYSE under FBHS.
Products and positioning
A multi-brand home-products platform positioned around trusted brands, design, durability, security, connected water management, and solutions for residential construction and remodeling.
Water and plumbing
Moen
Moen is Fortune Brands’ principal plumbing brand, offering kitchen and bathroom faucets, showers, tubs, sinks, accessories, and connected water-management products. Its portfolio spans everyday residential fixtures, design-led products, and smart-home technologies. The Moen Smart Water Network represents the company’s effort to extend the brand from individual fixtures into whole-home water monitoring and management.
Luxury plumbing
House of Rohl
House of Rohl is a collection of premium and luxury plumbing brands. It brings together Riobel, Perrin & Rowe, Victoria + Albert, and Shaws, covering faucets, showers, baths, sinks, and related fittings. The collection is aimed at design-conscious residential projects and higher-end renovation and construction markets.
Entry doors
Therma-Tru
Therma-Tru manufactures fiberglass and steel entry-door systems for residential construction and remodeling. Its products combine door slabs, frames, glass, hardware compatibility, and decorative designs, positioning the brand around curb appeal, energy performance, durability, and coordinated entryway systems.
Storm, screen, and security doors
Larson
Larson supplies storm, screen, and security doors for residential applications. The brand broadened Fortune Brands’ outdoor and entryway offering after its 2020 acquisition and complements Therma-Tru by addressing secondary doors, ventilation, seasonal protection, and home security.
Outdoor living
Fiberon
Fiberon produces composite decking and railing used in residential outdoor spaces. Its products are positioned as lower-maintenance alternatives to conventional wood decking and support Fortune Brands’ strategy of building a broader outdoor-living platform.
Security products
Master Lock
Master Lock is a security-products brand offering padlocks, combination locks, lockout products, electronic security devices, and related access solutions. It serves consumer, commercial, industrial, and institutional users through a broad range of physical and electronic security products.
Safes and security containers
SentrySafe
SentrySafe manufactures fire-resistant safes, security containers, and commercial cabinets. Its products are designed to protect documents, valuables, media, and other contents from theft, fire, and unauthorized access in household, office, and commercial settings.
Showers
Aqualisa
Aqualisa is a shower-products manufacturer acquired by Fortune Brands in 2022. The business adds showering expertise and product development capabilities to the Water Innovations segment, complementing Moen and the House of Rohl portfolio.
Brand decisions
2026
Restart chief executive searchOtherBackground
Amit Banati had been selected to assume the chief executive role in May 2026.
Action taken
Fortune Brands announced that it would rescind Banati’s appointment and restart its search for a chief executive.
Aftermath
The company’s subsequent permanent CEO appointment was not specified in the reference material.
2023
Acquire North American Yale home-lock businessM&ABackground
The transaction expanded Fortune Brands’ residential access and security offering.
Action taken
Fortune Brands acquired the United States and Canadian portions of Assa Abloy’s Yale home-lock business.
Aftermath
The acquisition strengthened the company’s position in home locks and connected residential security.
2022
Separate MasterBrand CabinetsM&ABackground
Fortune Brands operated water, outdoor and security, and cabinetry businesses with different market dynamics and strategic requirements.
Action taken
The company announced a tax-free spin-off of its Cabinets business into a separate publicly traded company, MasterBrand, Inc.
Aftermath
The separation was completed in December 2022, leaving Fortune Brands focused on water innovations, outdoor living, and security.
2022
Acquire AqualisaM&ABackground
Fortune Brands sought to expand its shower and water-products capabilities.
Action taken
The company acquired Aqualisa Holdings, a shower-products manufacturer, for $160 million.
Aftermath
Aqualisa became part of the Water Innovations portfolio.
Acquisition price. $160 million (August 2022)
Recent events
- 2026
Fortune Brands rescinds planned CEO appointment and restarts search[1]
Leadership change
The company announced that it would restart its search for a chief executive and rescind the appointment of Amit Banati, who had been expected to take the role in May.
- 2023
Fortune Brands acquires portions of Yale home-lock business[1]
M&A
The company acquired the United States and Canadian portions of Assa Abloy’s Yale home-lock business.
- 2022
Fortune Brands acquires Aqualisa[1]
M&A
The company acquired Aqualisa Holdings, a shower-products manufacturer, for $160 million.
- 2022
Fortune Brands announces separation of MasterBrand Cabinets[1]
M&A
Fortune Brands announced plans to separate its cabinetry operations into an independent publicly traded company; MasterBrand was spun off in December 2022.
- 2011
Fortune Brands Home & Security begins trading as an independent company[1]
Other
The company completed its spin-off from Fortune Brands, Inc. and began trading on the New York Stock Exchange under the ticker FBHS.
Sources2 sources
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