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Masco Corporation is an American manufacturer of products for the home improvement and new home construction markets. Comprising more than 20 companies, the Masco conglomerate operates nearly 60 manufacturing facilities in the United States and over 20 in other parts of the world. Since 1969 it trades on the NYSE. [3]
Delta Faucet Company is a division owned by Masco, which was founded in Detroit in 1929 by Armenian immigrant Alex Manoogian. In 1952, an eager inventor brought Manoogian his latest invention, a one-handled faucet that mixed both hot and cold water with a ball-valve. Unfortunately it leaked, but Manoogian was intrigued by the idea of utilizing ...
Their son Richard A. Manoogian (b. 1936) was CEO of the family business Masco and is a major collector of American art. He was said to have spoken 5 languages. He was said to have spoken 5 languages. Marie Manoogian died in 1993, and Alex in 1996.
This page was last edited on 14 June 2006, at 17:43 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...
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] In 1985, NI Industries was purchased by Masco Corporation for $460 million. [3] In 1988, Masco sold its Pfister subsidiary to Emhart Corporation.
In 2004 Merillat and Duncanville, Texas based QualityCabinets joined to form the Masco Builder Cabinet Group. In late 2007 Merillat Industries dissolved and began going by this new moniker. On September 22, 2008, Masco announced that it plans to close the Adrian plant in early 2009, stating the following as its reason of closure:
Hansgrohe has two major shareholders: The family of Klaus Grohe, the founders’ youngest son, holds 32%, Masco Corporation 68%. [2] Hans Jürgen Kalmbach became chairman of Hansgrohe in 2018. The company sells its products under two brand names: Axor and hansgrohe. In 2017, Hansgrohe reported sales of 1.077 billion Euro (2016: 1.029 billion ...
Harvest Partners is a private equity firm focused on leveraged buyout and growth capital investments in middle market industrial, business services, consumer and retail companies.
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