# Fortune Brands acquires SpringWell Water Filtration Systems for $105M

Fortune Brands Innovations, Inc. acquired SpringWell Water Filtration Systems, a residential water filtration and softening company, for approximately $105 million on a cash-free, debt-free basis.

- Type: Acquisition
- Announced: 2024-02-29
- Where: United States
- Value: $105.0M
- Status: completed
- Products: water filtration systems, water softening solutions
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Fortune Brands Innovations](https://endata.com/companies/75976.md) (acquirer)
- [SpringWell Water Filtration Systems](https://endata.com/companies/75977.md) (target)

## Sources

- [markets.chroniclejournal.com](https://markets.chroniclejournal.com/observerreporter/article/bizwire-2024-2-29-fortune-brands-acquires-springwell-increases-presence-in-high-growth-water-filtration-market-and-further-expands-whole-home-water-offering), 2024-02-29: "Fortune Brands Innovations, Inc. today announced it has acquired SpringWell Water Filtration Systems."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
