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$FBHS Small Acquisition
Today Fortune Brands and Home Security announced its intent to acquire Aqualisa for $160m in cash. While somewhat of a small acquisition it is in an effort to the presence of $FBHS in the UK.

The "Smart Shower" manufacturer makes a variety of temperature-controlled shower products from Shower heads to faucet taps all controlled through an app on a user's phone.

This comes a few months after $FBHS announced it would spin off its cabinets business to focus on building out the RemainCo businesses. The smallest of which is the Water Innovations segment. So overall nice to see.

Seeking Alpha
Fortune Brands acquires shower products manufacturer, Aqualisa for $160M
Fortune Brands Home & Security (FBHS) acquired Aqualisa, U.K. manufacturer of shower products known for premium, innovative, smart digital shower systems and exceptional customer...

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