TAMPA, FL – Masonite International Corporation (the "Company") today announced that it has completed the acquisition of all of the capital stock of Lemieux Doors Inc., ("Lemieux") based in Windsor, Quebec. Founded in 1990 Lemieux is known for its broad range of high quality panel and French wood doors and its market leading service proposition. Lemieux employs approximately 150 people and annual revenue exceeds $40 million. The terms of the transaction have not been disclosed.
"The combination of Lemieux’s extensive customer relationships and broad product and service offering with our distribution network will provide our customers with access to the widest range of high quality, cost effective wood door products." stated Chris Virostek, Masonite’s Senior Vice President of Corporate Development. "Lemieux’s products and capabilities complement Masonite’s existing residential wood door offerings and provide an important additional platform of strategic growth for our company."
"We are excited to join the Masonite team," said Mario Aube, General Manager of Lemieux. "Both Masonite and Lemieux have solid reputations of delivering great customer service and innovative, high quality products. We look forward to partnering with Masonite to provide exciting new opportunities for our customers, employees and suppliers."
The transaction closed effective August 1, 2012.
This press release is available on the Company's website at www.masonite.com.
Masonite International Corporation is a leading global manufacturer of residential and commercial doors, committed to providing the highest value building products to our customers in more than 70 countries around the world.
Source: Masonite International Corporation
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