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Stock impact report

Coleto Brands Announced as New Parent Company Name for Recently Merged Kichler and Progress Lighting [Yahoo! Finance]

Masco Corporation (MAS) 
Last masco corporation earnings: 4/29 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Jan. 7, 2025 /PRNewswire/ -- The new parent company name for the recently merged Kichler and Progress Lighting organization has been unveiled: Coleto Brands. This new corporate name is the latest in a series of steps the new organization has been making to bring these two iconic lighting companies together after each was acquired by Kingswood Capital in 2024. While both brands will operate as part of the same corporation, each will continue as independent brands in the market, building upon deep rooted strengths to complement one another. Coleto Brands The Coleto Brands name was inspired by starling birds which come together to create mesmerizing patterns in the sky known as a murmuration. In a similar way, the brands within the Coleto Brands portfolio are distinct, yet move synchronously together to have a dynamic, positive impact on the lighting industry. "Since the opportunity arose to bring these two formidable brands together, we've been excited about the combined impact we Show less Read more
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