Fortune Brands Innovations agrees to sell Fiberon to Inteplast subsidiary
FBIN•Fortune Brands Innovations agreed to sell its Fiberon composite decking business to a subsidiary of Inteplast Group. The deal is expected to close within 60 days, subject to regulatory approval.
1. Sale agreement
Fortune Brands Innovations agreed to sell its Fiberon composite decking business to a subsidiary of Inteplast Group. The sale follows a strategic review and aims to concentrate resources on the company’s highest-return opportunities; closing is expected within 60 days, subject to regulatory approval.




