Fortune Brands Strikes Deal to Sell Fiberon Business
MT newswire2026/10/15 20:24Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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04:24 PM EDT, 10/15/2026 (MT Newswires) -- Fortune Brands Innovations (FBIN) said late Thursday it has struck an agreement to sell its Fiberon composite decking business to a subsidiary of Inteplast Group. The potential transaction follows a strategic review and reflects its active portfolio management, the company said. The transaction is expected to close within 60 days.
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