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Stock impact report

Masonite Announces Sale of Architectural Business Segment

Masonite International Corporation Ordinary Shares (Canada) (DOOR) 
Last masonite international corporation ordinary shares (canada) earnings: 2/18 04:25 pm Check Earnings Report
US:NYSE Investor Relations: investor.masonite.com
Company Research Source: Business Wire
TAMPA, Fla.--(BUSINESS WIRE)--Masonite International Corporation (NYSE: DOOR) today announced that it has entered into a definitive agreement for the sale of all assets associated with the company’s Architectural segment to subsidiaries of IBP Solutions, Inc., a newly formed portfolio company of Industrial Opportunity Partners. The transaction is expected to close in the second quarter of 2024 and is subject to customary closing conditions.Houlihan Lokey, Inc. acted as Masonite’s financial advisor on the transaction.ABOUT MASONITEMasonite International Corporation is a leading global designer, manufacturer, marketer and distributor of interior and exterior doors and door systems for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets. Since 1925, Masonite has provided its customers with innovative products and superior service at compelling values. Masonite currently serves approximately 6,600 cust Show less Read more
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