Fortune Brands Acquires R-T-A Cabinet Firm

Fortune Brands Acquires R-T-A Cabinet Firm

Old Greenwich, CT Fortune Brands, Inc., the consumer products giant and parent company of Aristokraft, Schrock and Decora, has acquired NHB Group Ltd., a major manufacturer of ready-to-assemble kitchen and bath cabinetry, the company announced.

Fortune Brands, the nation's number-two cabinet manufacturing company, at a cumulative $400 million in annual sales, said through a company spokesperson last month that its home products business purchased the privately-held NHB Group for an undisclosed sum.

NHB Group whose brands include Kitchen Classics, the Georgetown Collection and
NHB is projecting sales of about $60 million this year, up from about $49 million in 1998. NHB is based in Ontario, Canada, and operates factories in Ontario and Talladega, AL. Aside from Aristokraft, Schrock and Decora, Fortune Brands also owns Moen Inc. and other building products companies.

"The addition of NHB reflects our commitment to further strengthening our thriving home products business," said Bruce Carbonari, president and CEO of Fortune Brands' home products business. "With its strength in the expanding ready-to-assemble and assembled frameless cabinet categories, NHB is another excellent fit for our rapidly growing kitchen and bath cabinet business."

Carbonari added that the acquisition will expand the breadth of Fortune Brands' cabinet offerings, while strengthening the company's presence in both Canada and in major home centers.

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