Masco Corporation (NYSE:MAS) will look for acquisitions. Keith Allman, President and Chief Executive Officer said, “I think there may be opportunities for further acquisitions. And if we can acquire capabilities, where we can acquire brands in certain spaces that make sense, we'll do that. But fundamentally, it's about our existing brands and continuing to drive with the outstanding teams that we've developed and the investments that we've made as it relates to partnership with pure play as well as the more building products associated hooked up with bricks and mortar. So we're going to continue to drive that. That's where the lion's share will be. But we'll be opportunistic for other opportunities”.
Masco Corporation is one of the world's leading manufacturers of home improvement products. Net sales break down by family of products as follows:
- plumbing equipment (60.8%): plumbing, sink, bath and shower systems (Delta, Brizo, Peerless, Hansgrohe, Axor, Kraus, Easy Drain, Ginger, Newport Brass, Brasstech, Waltec, Bristan ans Heritage brand names), acrylic bathtubs, shower enclosures and shower trays (Delta, Peerless and Mirolin), spa and exercise pool systems (Hot Spring, Caldera, Freeflow Spas, Endless Pool, Tylo and Finnleo) and brass/copper and composite plumbing components (Brasscraft, Plumbshop and Master Plumber);
- architectural decoration products (39.2%): architectural coatings products (paints, primers, special paints, stains and waterproof coatings sold under the Behr, Kilz, Whizz and Elder & Jenks brands), furniture for door and window, do-it-yourself furniture and equipment, glass shower doors, wall plates, hooks and suspension accessories, etc. (Liberty, Brainerd and Franklin Brass).
At the end of 2023, the group had 42 production sites located primarily in North America (30).
Net sales are distributed geographically as follows: North America (80.1%) and Europe (19.9%).