Masonite International Corporation Completes Acquisition of Endura Products
Masonite International Corporation Ordinary Shares (Canada) (DOOR)
Last masonite international corporation ordinary shares (canada) earnings: 2/18 04:25 pm
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Source: Business Wire
Acquisition to accelerate the Masonite Doors That Do MoreTM strategy by unlocking the value of fully integrated door solutions TAMPA, Fla.--(BUSINESS WIRE)--Masonite International Corporation ("Masonite" or "the Company) (NYSE: DOOR) today announced the completion of its acquisition of Endura Products ("Endura").“We are excited to complete the acquisition of Endura and add their high-performance door frames and door system components to our product portfolio,” said Howard Heckes, President and CEO, Masonite. “The combination of our two companies is a natural fit, and we are eager to leverage the combined organization to develop innovative new door solutions that accelerate our Doors That Do MoreTM strategy and maximize our growth potential. We are thrilled to welcome the Endura team to the Masonite family.”The acquisition purchase price was funded using proceeds from the Company's recently announced $250 million senior secured term loan as well as a combination of borrowings on its
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- 4/24/24 - Form 8-K
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