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Moen Expands Two-Decade-Long Partnership with Meritage Homes as the Exclusive Plumbing Partner

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Moen, the leading faucet brand in North America, has renewed its exclusive partnership with Meritage Homes, the fifth-largest public homebuilder in the U.S. The multi-year agreement solidifies Moen as Meritage's exclusive supplier of faucets and bath accessories. This collaboration, spanning over two decades, aims to deliver exceptional plumbing solutions within quality, energy-efficient homes.

Moen will provide a tailored selection of kitchen and bath faucets, showerheads, and accessories, focusing on innovative designs that prioritize sustainability and functionality. Notably, Moen's bath faucets meet EPA WaterSense® criteria, contributing to reduced water usage and environmental impact. This partnership aligns with Meritage's mission to design and build sustainable homes, offering homebuyers both stylish designs and potential monthly water utility cost savings.

Moen, il marchio leader di rubinetti in Nord America, ha rinnovato la sua partnership esclusiva con Meritage Homes, il quinto costruttore di case pubblico negli Stati Uniti. L'accordo pluriennale consolida Moen come fornitore esclusivo di rubinetti e accessori da bagno per Meritage. Questa collaborazione, che dura da oltre due decenni, mira a fornire soluzioni idrauliche eccezionali all'interno di case di qualità e ad alta efficienza energetica.

Moen fornirà una selezione personalizzata di rubinetti da cucina e da bagno, soffioni doccia e accessori, concentrandosi su design innovativi che pongono al primo posto sostenibilità e funzionalità. In particolare, i rubinetti da bagno di Moen soddisfano i criteri EPA WaterSense®, contribuendo a una riduzione dell'uso dell'acqua e dell'impatto ambientale. Questa partnership è in linea con la missione di Meritage di progettare e costruire case sostenibili, offrendo agli acquirenti sia design eleganti che potenziali risparmi sui costi dell'acqua mensili.

Moen, la marca líder de grifos en América del Norte, ha renovado su asociación exclusiva con Meritage Homes, el quinto constructor de viviendas público en EE. UU. El acuerdo a varios años consolida a Moen como el proveedor exclusivo de grifos y accesorios de baño para Meritage. Esta colaboración, que se extiende por más de dos décadas, tiene como objetivo ofrecer soluciones de fontanería excepcionales en casas de calidad y energéticamente eficientes.

Moen proporcionará una selección personalizada de grifos de cocina y baño, cabezales de ducha y accesorios, centrando su atención en diseños innovadores que priorizan la sostenibilidad y la funcionalidad. En particular, los grifos de baño de Moen cumplen con los critérios EPA WaterSense®, contribuyendo a reducir el uso de agua y el impacto ambiental. Esta asociación está alineada con la misión de Meritage de diseñar y construir casas sostenibles, ofreciendo a los compradores de viviendas tanto diseños elegantes como posibles ahorros en sus facturas mensuales de agua.

모엔은 북미의 주요 수전 브랜드로서 미국에서 다섯 번째로 큰 주택 건설사인 메리타지 홈즈와의 독점 파트너십을 갱신했습니다. 이 다년간의 계약은 모엔을 메리타지의 수전 및 욕실 액세서리의 독점 공급자로 굳혀줍니다. 20년 넘게 이어진 이 협력은 품질과 에너지 효율이 높은 주택 내에서 탁월한 배관 솔루션을 제공하는 것을 목표로 합니다.

모엔은 주방 및 욕실 수전, 샤워 헤드 및 액세서리의 맞춤형 선택을 제공하고, 지속 가능성과 기능성을 우선시하는 혁신적인 디자인에 집중합니다. 특히, 모엔의 욕실 수전은 EPA WaterSense® 기준을 충족해 물 사용량과 환경 영향을 줄이는 데 기여합니다. 이 파트너십은 메리타지의 지속 가능한 주택 설계 및 건축 미션과 일치하며, 주택 구매자에게 세련된 디자인과 월간 수도 요금 절감의 가능성을 제공합니다.

Moen, la marque de robinets leader en Amérique du Nord, a renouvelé son partenariat exclusif avec Meritage Homes, le cinquième constructeur de maisons public aux États-Unis. Cet accord pluriannuel affirme Moen en tant que fournisseur exclusif de robinets et accessoires de salle de bain pour Meritage. Cette collaboration, qui s'étend sur plus de deux décennies, vise à fournir des solutions de plomberie exceptionnelles au sein de maisons de qualité et écoénergétiques.

Moen proposera une sélection sur mesure de robinets de cuisine et de salle de bain, de pommeaux de douche et d'accessoires, en mettant l'accent sur des designs innovants qui privilégient la durabilité et la fonctionnalité. Notamment, les robinets de salle de bain de Moen répondent aux critères EPA WaterSense®, contribuant à réduire la consommation d'eau et l'impact environnemental. Ce partenariat est en accord avec la mission de Meritage de concevoir et de construire des maisons durables, offrant aux acheteurs à la fois des designs élégants et des économies potentielles sur les coûts mensuels des services d'eau.

Moen, die führende Wasserhahn-Marke in Nordamerika, hat seine exklusive Partnerschaft mit Meritage Homes, dem fünftgrößten öffentlichen Hausbauer in den USA, erneuert. Die mehrjährige Vereinbarung festigt Moen als exklusiven Lieferanten von Wasserhähnen und Badezimmerzubehör für Meritage. Diese zwe Decaden umfassende Zusammenarbeit zielt darauf ab, außergewöhnliche Sanitärlösungen in hochwertigen, energieeffizienten Häusern zu liefern.

Moen wird eine maßgeschneiderte Auswahl an Küchen- und Badezimmerarmaturen, Duschköpfen und Zubehör bereitstellen, wobei der Fokus auf innovativen Designs liegt, die Nachhaltigkeit und Funktionalität priorisieren. Besonders hervorzuheben ist, dass die Badezimmerarmaturen von Moen die EPA WaterSense®-Kriterien erfüllen und so zu einem reduzierten Wasserverbrauch und Umwelteinfluss beitragen. Diese Partnerschaft entspricht der Mission von Meritage, nachhaltige Häuser zu entwerfen und zu bauen, um Käufern sowohl stilvolle Designs als auch potenzielle Einsparungen bei den monatlichen Wasserkosten zu bieten.

Positive
  • Renewal of exclusive partnership with Meritage Homes, the fifth-largest public homebuilder in the U.S.
  • Moen's bath faucets meet EPA WaterSense® criteria, potentially reducing water usage and utility costs
  • Alignment with sustainable building practices, potentially attracting environmentally conscious consumers
Negative
  • None.

Insights

The extended partnership between Moen and Meritage Homes is a strategic move that solidifies Moen's position in the homebuilding market. This exclusive agreement ensures a steady revenue stream for Moen, potentially impacting Fortune Brands Innovations' (FBIN) financial performance positively. The deal aligns with growing consumer demand for energy-efficient and sustainable home solutions, which could drive sales growth.

However, the impact on FBIN's stock may be in the short term, as this is an extension of an existing 20-year partnership rather than a new market opportunity. Long-term investors should note that this agreement strengthens Moen's market share in new home construction, which could provide a competitive advantage and stable revenue, especially important in a cyclical housing market.

While positive, this news alone is unlikely to cause significant stock movement for FBIN. Investors should monitor how this partnership contributes to overall revenue and market share gains in future earnings reports to gauge its true impact.

NEW AGREEMENT STRENGTHENS PARTNERSHIP DELIVERING EXCEPTIONAL EXPERIENCES TO HOMEBUYERS WITH UNMATCHED QUALITY AND DURABILITY

NORTH OLMSTED, Ohio, Sept. 30, 2024 /PRNewswire/ -- Two leading companies in the home building industry are solidifying their relationship to deliver exceptional plumbing solutions within quality energy-efficient homes to homebuyers across the country. Moen, the leader in water experiences, has signed a multi-year agreement with Meritage Homes, the fifth-largest public homebuilder in the United States, to continue as Meritage's exclusive faucet and bath accessory supplier.

"The partnership between Moen and Meritage has been strong for more than 20 years, and we're incredibly proud to continue as Meritage's exclusive plumbing provider for faucets and accessories," said Kevin Campbell, president, Moen Americas. "We prioritize developing innovative and stylish products that emphasize beauty and functionality in every kitchen and bathroom space. As Meritage focuses on their values of creating 'Life Built Better,' Moen shares the same principles through thoughtful details, prioritizing sustainability and creating peace of mind to deliver elevated experiences in the home for customers."

Moen will provide a tailored selection of kitchen and bath faucets, showerheads, and bath accessories ensuring homebuyers achieve on-trend designs while enjoying unparalleled quality and durability. Moen bath faucets also meet EPA WaterSense® criteria, helping customers reduce overall water usage for a positive impact on the environment. Through this partnership, Meritage homebuyers will have a home built with exceptional expertise and enhanced plumbing experiences from North America's number one faucet brand.

"The exclusive agreement with Moen helps us in our mission to design and build sustainable homes with the best water experiences," said Clint Szubinski, Chief Operating Officer at Meritage Homes. "Our homebuyers benefit from monthly water utility cost savings by using Moen-designed plumbing products."

For more information about Moen, visit moen.com or call 1-800-BUY-MOEN.
Interested in learning more about Meritage Homes? Visit https://www.meritagehomes.com/.

ABOUT MOEN
Moen is the #1 consumer faucet brand in North America, offering a vast array of stylish and innovative kitchen and bath faucets, showerheads, accessories, bath safety products, kitchen sinks, garbage disposals, leak detection products and connected home offerings for residential applications that give consumers more power than ever before to understand and control the water that flows through their homes. These thoughtful designs deliver an exceptional user experience and elevate how people interact with water daily.

Moen is part of Fortune Brands Innovations, Inc. (NYSE: FBIN), a brand, innovation, and channel leader focused on exciting, supercharged categories in the home products, security, and commercial building markets. Moen anchors Water Innovations (WINN), which also includes several brands under the House of Rohl® including Perrin & Rowe®, ROHL®, Riobel®, Shaws® and Victoria + Albert®. Fortune Brands' other brands include Fiberon® composite decking and railing products; Master Lock®, Yale® residential, August® and Sentry® Safe security products; LARSON® storm doors and Therma-Tru® entry door systems. For more information, please visit www.FBIN.com.

ABOUT MERITAGE HOMES
Meritage is the fifth-largest public homebuilder in the United States, based on homes closed in 2023. The Company offers energy-efficient and affordable entry-level and first move-up homes. Operations span across Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina and Tennessee.

Meritage has delivered over 185,000 homes in its 38-year history, and has a reputation for its distinctive style, quality construction, and award-winning customer experience. The Company is an industry leader in energy-efficient homebuilding, an eleven-time recipient of the U.S. Environmental Protection Agency's (EPA) ENERGY STAR® Partner of the Year for Sustained Excellence Award and Residential New Construction Market Leader Award, as well as a three-time recipient of the EPA's Indoor airPLUS Leader Award.
For more information, visit www.meritagehomes.com.

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SOURCE Moen

FAQ

What is the new agreement between Moen and Meritage Homes for FBIN stock?

Moen, part of Fortune Brands Innovations (NYSE: FBIN), has signed a multi-year agreement with Meritage Homes to continue as their exclusive faucet and bath accessory supplier, strengthening a partnership that has lasted over 20 years.

How does the Moen-Meritage Homes partnership affect water conservation for FBIN?

Moen's bath faucets meet EPA WaterSense® criteria, helping Meritage Homes customers reduce overall water usage. This aligns with both companies' focus on sustainability and can lead to monthly water utility cost savings for homebuyers.

What products will Moen supply to Meritage Homes under the new agreement for FBIN?

Under the new agreement, Moen will provide a tailored selection of kitchen and bath faucets, showerheads, and bath accessories to Meritage Homes, ensuring homebuyers have access to on-trend designs with quality and durability.

Fortune Brands Innovations, Inc.

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