Content about Sectrum Brands Holdings

October 9, 2012

Stanley Black & Decker agreed to sell its Hardware & Home Improvement Group (HHI) to Sectrum Brands Holdings for $1.4 billion in cash.

Part of Stanley's Security segment, the HHI division makes residential locksets, builders hardware and plumbing fixtures under the brands of Kwikset, Weiser, Baldwin, Stanley, National and Pfister. HHI had 2011 revenues of $940 million.