Masco Corporation (NYSE:MAS) is looking at M&A. John Sznewajs, Vice President and Chief Financial Officer said, "And then lastly, because of the significant cash flow generation that we enjoy, we were able to redeploy the excess to either share repurchases or into our M&A. And I would say that both of those activities will continue. We continue to look at what is the right -- or the best return that we get on that excess cash that we generate. And if we can find highly attractive bolt-on M&A targets for either our paint or our plumbing business, we would like to do that because we've got great franchises in both businesses, whether it's domestically with the Delta team or whether it's internationally with the Hansgrohe team,or the BEHR team here, we would gladly invest behind them to continue to grow their business and whether that's product line acquisition, channel access, geographic acquisition.
We look at anything along those lines to support those businesses continue to grow".
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%).
MASCO CORPORATION 
