Resideo announces agreement to acquire first alert, inc., a leader in home safety products, and provides preliminary fourth quarter financial results

- transaction expands and leverages resideo's footprint in the home with complementary fire and carbon monoxide detection and fire suppression products - enhances presence across retail and professional channels - highly recognizable and respected first alert® and brk® brands - significant cost synergies targeted with $30 million in identified annual savings scottsdale, ariz., feb. 7, 2022 /prnewswire/ -- resideo technologies, inc. (nyse: rezi), a leading global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products, today announced that it has entered into a definitive agreement to acquire first alert, inc., a leading provider of home safety products, from newell brands inc. (nasdaq: nwl) for $593 million in an all cash transaction, or approximately $547 million net of expected future tax benefits.
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