USA – MasterBrand, a leading manufacturer of residential cabinetry in North America, has completed the acquisition of Supreme Cabinetry Brands Inc. from GHK Capital Partners LP for USD 520 million in cash.

Dave Banyard, president and CEO of MasterBrand, described the acquisition as a significant development, enhancing its ability to offer a broader range of products and improved service to customers.

The integration aims to leverage synergies across dealer networks, expand premium cabinetry portfolios in the kitchen and bath categories, and optimize operational efficiencies.

The transaction is expected to generate annual cost savings of USD 28 million by the third year and improve adjusted diluted earnings per share in the first year after closing.

MasterBrand, Inc. is the foremost producer of residential cabinets in North America, specializing in a wide-ranging portfolio of premium cabinetry products designed for kitchens, bathrooms, and various areas of the home. These products are distributed through an extensive network comprising over 4,400 dealers, major retailers, and builders. With a workforce of over 12,000 employees, MasterBrand operates from more than 20 manufacturing facilities and offices across the continent.