Business

Fortune Brands buys door maker Larson

Posted November 16, 2020 10:00 pm

DEERFIELD — Fortune Brands Home & Security Inc., a home and security products company, Tuesday announced it has signed an agreement to acquire Larson Manufacturing, a maker of storm, screen and security doors, for approximately $660 million, the company said.

Larson also sells related outdoor living products including retractable screens and porch windows. With revenues of about $390 million, Larson is headquartered in Brookings, South Dakota.

“The acquisition of Larson is aligned with our strategic focus on the fast-growing outdoor living space. The Larson suite of products creates a bridge from the inside to the outside of the home, and further strengthens Fortune Brands' offerings in doors and decking,” said Nicholas Fink, chief executive officer, Deerfield-based Fortune Brands.

The company expects the Larson management team, 1,200 employees and locations will remain in place. Larson operates manufacturing operations in South Dakota, Iowa, North Carolina and Mississippi, in addition to central distribution centers in Minnesota and North Carolina.

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