Emco Ltd.'s Board of Directors has decided to initiate a strategic alternatives review.
Emco Ltd.'s (London, Ontario, Canada) Board of Directors has decided to initiate a strategic alternatives review. This review is primarily a result of Emco's desire to maximize shareholder value and is partially a result of the desire of Masco Corp. to monetize its investment in Emco. Masco is a principal shareholder of Emco, owning about 42.1% of its outstanding common shares. Emco Limited is a Canadian distributor and manufacturer of building products for the residential, commercial and industrial construction markets.