Fortune Brands Innovations initiates strategic review of its Fiberon composite decking business

[출처/시간] Briefing.com - 9:16 AM ET, 05/27/2026

Co announces that it has initiated a formal strategic review of its Fiberon composite decking business. The process will explore a range of strategic alternatives while Fiberon continues to execute against its near-term commercial priorities and support and service customers. "While Fiberon is a strong brand with proven innovation credentials and well-established channel relationships, this strategic review supports our sharpened focus on our core platforms that drive profitable growth." Fortune Brands has not established a definitive timetable for completion of the review, and there can be no assurance that this process will result in any transaction or other specific outcome. Co does not intend to make further public comment on the review unless and until it determines that disclosure is required or appropriate.