Masonite Acquires Endura Products

Masonite International Corporation has completed the acquisition of Endura Products.

“We are excited to complete the acquisition of Endura and add their high-performance door frames and door system components to our product portfolio,” Masonite President and CEO Howard Heckes said.

“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 was paid for with proceeds from the Company’s recently announced $250 million senior secured term loan, as well as borrowings on its asset-based revolving credit facility and cash on hand.
Masonite’s legal counsel in connection with the transaction is Wachtell, Lipton, Rosen & Katz, and Masonite’s financial counsel is Simpson Thacher & Bartlett LLP.