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SBR, Fortune Brands Announce Merger Agreement
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Privately held SBR Inc. of Parkersburg has announced its merger with Fortune Brands Inc., a publicly traded Illinois company with more than $7 billion in annual sales.
SBR, whose 4,633 employees manufacture and market an array of building products, has not disclosed the sale price, which it said would be finalized when the transaction closes. SBR employs 1,566 in West Virginia, according to a company spokeswoman.
In a statement, SBR said operations "will continue as they have in...
Related newspaper, magazine, and journal articles from HighBeam Research
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SBR's Schorr Sees Growth With Fortune Brands
The State Journal
; VIENNA - Samuel B. Ross of Parkersburg launched SBR Inc. in 1972, and the privately held business evolved into a diversified holding company that soon will merge with Fortune Brands Inc., a publicly traded Illinois company with more than $7 billion in annual sales. Greg Schorr, 42, president and
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Fortune Brands sues Marsh over insurance
Chicago Sun-Times
; ... cited e-mails sent by an Ace vice president, Patricia Abrams, in which she said Marsh requested that Ace increase its bid so that AIG could keep the Fortune Brands account. Fortune Brands fired Marsh as its insurance broker in November. Bloomberg News
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Fortune Brands to sell off division
Chicago Sun-Times
; Fortune Brands, the newly arrived Lincolnshire-based conglomerate that makes Jim Beam bourbon and Titleist golf balls, wants to sell its ACCO World Corp. office equipment division, which analysts say is its least-profitable business. The company, which moved to the Chicago area last year from
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Fortune brands posts 'strong' year.(INDUSTRY UPDATE: Noteworthy developments impacting the kitchen and bath market)
Kitchen & Bath Design News
; Deerfield, IL -- Fortune Brands, the Deerfield, IL-based company with wide-ranging interests in the kitchen and bath industry, today reported strong results from continuing operations for the fourth quarter and full year 2005. The publicly traded Fortune Brands said that net sales were $7.06
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Growth reported by Fortune Brands.(Industry Update: Noteworthy developments impacting the kitchen and bath market)
Kitchen & Bath Design News
; Deerfield, IL -- Fortune Brands, Inc., the publicly traded parent company of Moen and the Master-Brand Cabinet Group, has reported sharp growth in the second quarter of 2006. Fortune Brands, headquartered here, said that consumer demand across the company's brand portfolio--including Moen faucets
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