(BestGrowthStock) – Fortune Brands Inc (FO.N: ) plans to split itself into three parts: distilled spirits, home and security, and golf products.
Here are some facts about each line of business:
DISTILLED SPIRITS
Current unit name: Beam Global Spirits & Wine Inc
Annual revenue: $2.5 billion
Major brands: Jim Beam and Maker’s Mark bourbon, Teacher’s Scotch, Canadian Club whiskey, Sauza tequila, Courvoisier cognac and DeKuyper cordials
HOME AND SECURITY
Current unit name: Fortune Brands Home & Security LLC
Annual revenue: $3 billion
Major brands: Moen faucets; Aristokraft, Omega, Diamond and Kitchen Craft cabinetry; Therma-Tru door systems; Simonton windows; Master Lock padlocks; and Waterloo storage products
GOLF PRODUCTS
Current unit name: Acushnet Company
Annual revenue: $1.2 billion
Major brands: Titleist golf balls and clubs, FootJoy shoes and gloves.
(Source: Fortune Brands)
(Reporting by Jon Lentz; Editing by Lisa Von Ahn)
Factbox: Fortune Brands businesses
