Masco Corporation Announces Completion of Kichler Lighting Sale
19 Setembro 2024 - 10:00AM
Business Wire
Masco Corporation (NYSE: MAS) announced today the completion of
the sale of Kichler Lighting to an affiliate of Kingswood Capital
Management.
Headquartered in Solon, Ohio, Kichler Lighting is a provider of
decorative residential and light commercial lighting products,
ceiling fans and LED lighting systems across both consumer and
professional distribution channels. Kingswood Capital Management, a
private investment firm based in Los Angeles, California, is the
owner of Progress Lighting, also a provider of residential and
light commercial decorative lighting solutions.
“On behalf of Masco, we wish the Kichler Lighting, Kingswood
Capital Management and Progress Lighting teams the best in this new
venture,” said Keith Allman, President and CEO.
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; Liberty® branded decorative and
functional hardware; and HotSpring® 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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version on businesswire.com: https://www.businesswire.com/news/home/20240919450866/en/
Media contact: Sue Sabo Director, Communications
313.792.6226 sue_sabo@mascohq.com
Investor Relations contact: Robin Zondervan Vice
President, Investor Relations and FP&A 313.792.5500
robin_zondervan@mascohq.com
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