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Fortune Brands Agrees to Sell Fiberon Business to Inteplast

Fortune Brands Innovation agreed to sell its Fiberon composite decking business to a subsidiary of Inteplast Group following a strategic review.

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Fortune Brands Innovation has agreed to sell its Fiberon composite decking business to an Inteplast Group subsidiary. The agreement follows a strategic review of Fiberon by Fortune Brands. The company said the decision to sell Fiberon underscores its ongoing commitment to…