TORONTO — Mastergrain said it furthered its goal to lead the premium and luxury fiberglass door segment by acquiring Fibercraft Door Co. of Hanover, Ontario. Terms for the transaction were not released.
Founded in 2000, Fibercraft pioneered large-format fiberglass pivot door systems and expanded its capabilities in the Canadian luxury door market. By integrating Fibercraft's products with Mastergrain’s offerings and extensive distribution network, this partnership will provide more choices to homeowners, builders, architects and designers across North America.
"We are thrilled to welcome Fibercraft into the Mastergrain family,” said Chris Edwards, company president. “This partnership enhances our manufacturing capabilities and instantly broadens our product offerings. Together, we will continue to develop and deliver doors with unparalleled quality and innovation to our customers."
Bruce Schaus, President of Fibercraft, said, "Joining forces with Mastergrain opens new markets for Fibercraft's products and accelerates our growth strategy. With Mastergrain’s support, we will innovate faster and more effectively, bringing our advanced fiberglass door systems to a broader North American market."
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