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Pfister, called Price Pfister until 2010, is an American manufacturer of bathroom and lavatory faucets, shower systems, showerheads and accessories, kitchen faucets and other plumbing fixtures. Emil Price and William Pfister founded the company in 1910.
In 1969, Price Pfister was sold to Norris Industries with Familian continuing on as chairman of the board. [1] The firm went through numerous ownership changes in the following years. In 1981, Norris was purchased in a leveraged buyout for $420 million by Kohlberg Kravis Roberts and renamed NI Industries. [3]
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The Hardware & Home Improvement Group, including the Kwikset, Weiser, Baldwin, National Hardware, Stanley, FANAL, Pfister and EZSET brands, was acquired by Spectrum Brands Holdings, Inc. on December 17, 2012. [7] In July 2016, CEO John F. Lundgren stepped down, with President and COO James M. Loree taking over as CEO. [8]
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Charles Frederick Pfister was born as Charles Frederick Weisert in Milwaukee on June 17, 1859; in 1870, he was adopted by Guido Pfister, an emigre from Wurtemberg, Germany. [1] Guido's cousin and fellow emigre Frederick Vogel founded a tannery on Milwaukee's Menominee River while Pfister opened a shoe store on nearby West Water Street.
The Price Co. and Costco Wholesale Club merge, forming Price/Costco Inc (later renamed Costco Wholesale Corporation) 1994 Price Enterprises Inc spun off from Price/Costco Robert Price named chairman, president and CEO of Price Enterprises PriceSmart operates as a wholly owned subsidiary of Price Enterprises 1995