Fortune Brands Innovations, Inc. (NYSE:FBIN), an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives, today announced it has acquired a minority stake and entered into a strategic partnership with Value Hybrid Global, S.L. ("Value Hybrid"), a leading software and SaaS startup focused on the delivery of connected lockout tagout (cLOTO) solutions. This partnership will expedite Master Lock's ability to bring to market new and innovative products in the emerging field of cLOTO, and expand its presence in commercial safety solutions.
Fortune Brands Has Acquired A Minority Stake And Entered Into A Strategic Partnership With Value Hybrid Global, S.L.; No Financial Terms Disclosed
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