Fortune Brands’ Master Lock Adds Sentry Safe to Security Line

Per a press statement as part of second-quarter earnings, Fortune Brands announced that “it has acquired Sentry Safe, the leading manufacturer of personal safes with estimated annual sales of $150 million. The transaction closed on July 29, 2014 for $117.5 million and was funded from the Company’s existing credit facilities. Sentry Safe will become part of Master Lock.”

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