Fortune Brands Acquires Vanity-Maker WoodCrafters Home Products

By Rich Christianson | Posted: 06/25/2013 10:02AM

 

DEERFIELD, IL - Fortune Brands Home & Security Inc., parent of MasterBrand Cabinets, has acquired WoodCrafters Home Products for $300 million.

click image to zoomWoodCrafters Home Products bathroom vanityWoodCrafters Home Products, a Texas-based manufacturer of bathroom vanities and vanity sinks, will be integrated into MasterBrand Cabinets. WoodCrafters, founded in 1983 in Weslaco, TX, specializes in the manufacture of bathroom vanities and vanity sink tops. The company employs 2,000 people and operates manufacturing plants in southern Texas and northern Mexico. It has estimated annual sales of $230 million.

WoodCrafters will operate as a business unit of MasterBrand Cabinets. Its current management team, staffing, operations and locations will remain intact.

Woodcrafters brands include St. Paul Home Products sold in major home improvement stores in the United States, Mexico and Puerto Rico; Total Bath Solutions by WoodCrafters; Domani modular vanities sold only in Mexico; and Ready Kitchen, sold only in Mexico.

Fortune Brands' intention to acquire WoodCrafters was announced in early May.

"We've been a leader in kitchen and bath cabinets for years. WoodCrafters' strength in vanities and integrated sink basin tops immediately strengthens our offerings for the bathroom, with more products, more control over our supply chain and expanded low-cost North American manufacturing capacity," said Chris Klein, CEO of Fortune Brands Home & Security. "The cabinet market is in the early stages of recovery. Now is the perfect time to add to our leadership position as the leading cabinet manufacturer in North America with this strategic acquisition."

 

About the Author

Rich Christianson

Rich Christianson is Associate Publisher and Editor at Large of Woodworking Network. During his 25+ years covering the wood products industry, Rich has toured hundreds of manufacturing plants throughout North America, Europe and Asia. His reporting has covered everything from the state of the industry and impact of wood imports to technology and environmental issues. In his current capacity he is responsible for editing the daily Woodworking Network Update newsletter and coordinating events including the annual Cabinets & Closets Conference & Expo and Canada’s biennial Woodworking Machinery & Supply Expo. He can be contacted at rchristianson@woodworkingnetwork.com or follow him on Google+.

Read more of Rich Christianson's blogs.


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