Brookings based Larson Manufacturing has been sold to Fortune Brands Home & Security, Inc., for approximately $660 million. That purchase was announced by Fortune Brands Home and Security on Tuesday in a press release from the Illinois based home and security products company. The sale is expected to be completed by the end of the year.
Larson Manufacturing sells outdoor living products including retractable screens and porch windows. They are part of the approximately $1 billion U.S. Storm door market that is largely driven by repair and remodel activity.
Larson employs approximately 1,200 employees and is headquartered in Brookings with plants in Iowa, North Carolina and Mississippi and distribution centers in Minnesota and North Carolina.
Fortune Brands expects that the Larson management team, associates nad locations will all remain in place.