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Pfister, called Price Pfister until 2010, is an American manufacturer of bathroom and lavatory faucets, shower systems, showerheads and accessories, kitchen faucets and other plumbing fixtures. Emil Price and William Pfister founded the company in 1910.
In 1969, Price Pfister was sold to Norris Industries with Familian continuing on as chairman of the board. [1] The firm went through numerous ownership changes in the following years. In 1981, Norris was purchased in a leveraged buyout for $420 million by Kohlberg Kravis Roberts and renamed NI Industries. [3]
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The Hardware & Home Improvement Group, including the Kwikset, Weiser, Baldwin, National Hardware, Stanley, FANAL, Pfister and EZSET brands, was acquired by Spectrum Brands Holdings, Inc. on December 17, 2012. [7] In July 2016, CEO John F. Lundgren stepped down, with President and COO James M. Loree taking over as CEO. [8]
Spectrum Brands Holdings, Inc. [2] is an American diversified company headquartered in Middleton, Wisconsin.It was established in 2005 as the successor to Rayovac Corporation.
The Crane Plumbing unit includes the former Universal-Rundle product line which Crane acquired in 1995 and continues to support with repair parts. [11] Crane also has a Canadian subsidiary Crane Plumbing Corporation. The new company went on to experience financial difficulties soon after.