Masonite Announces Acquisition of Door-Stop

U.S. - Masonite International Corporation announced that it has completed the acquisition of Door-Stop International Limited (“Door-Stop”). Door-Stop is the United Kingdom’s largest online distributor of composite residential doors and door sets.

Door-Stop employs approximately 200 people, with one facility in Nottinghamshire, UK. Door-Stop’s 2013 revenue exceeded US $38 million. The purchase price for 100% of the outstanding shares was approximately US $50 million, net of cash acquired.

"We believe the acquisition of Door-Stop positions Masonite as a leader in the manufacturing and distribution of residential doors and door sets for the UK market," said Chris Virostek, Masonite’s Senior Vice President, Corporate Development. “We are excited about the capabilities that this acquisition adds to Masonite.”

“Door-Stop’s products and service model are a natural complement to Masonite’s business,” said Gary Dutton, Chairman and founder of Door-Stop. “We are pleased to see this transaction completed and are excited about the opportunities it will bring our employees and customers.”

 

Notifix-Logo-transparent-300px

NOTIFIX (r) is a registered trademark of Comfix S.A.S. NIT 830.067442-1.
Carrera 11 No. 82 - 38, Oficina 302, Tel. 571 312 304 6082
Bogotá, Colombia

Follow Us

Notifix-Google-icon

This website uses cookies. We use cookies to personalize content and ads and to analyze our traffic. We also share information about your use of our site with our advertising and analytics partners who may combine it with other information that you have provided to them or that they have collected from your use of their services. You consent to our cookies if you continue to use this website.