LOS ANGELES – Platinum Equity announced it has entered into a definitive agreement to acquire the Cabinetworks Group from American Industrial Partners, GIC and other equity holders. Terms of the acquisition, announced April 5, were not disclosed. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2021.
U.S. Lumber Group signed an agreement for a strategic growth investment from Chicago-based Madison Dearborn Partners private equity firm.
Dynatronics will acquire the assets of athletic and medical cabinetry and furnishings manufacturer Hausmann Industries, Inc.
Wood components manufacturer Olon Industries has been acquired by private equity firm White Owl Family Office Ltd.
Wilsonart Engineered Surfaces will acquire Roseburg Forest Products' manufacturing plant in Oxford, Mississippi.
Endura Products, a manufacturer of composite wood door frames, says it will acquire Contact Industries Inc., an engineered wood products firm based in Clackamas, Oregon, and with a 550,000 sq,ft, plant in Clackamas.
Industrial investment group Adcuram acquired a controlling stake - 98.57 percent - in luxury kitchen cabinet manufacturer Poggenpohl.
Masonite International Corporation (NYSE:DOOR) completed the acquisition of USA Wood Door, a wholesaler and fabricator of architectural and commercial wood doors in the Eastern United States providing door and hardware distributors with machined, re-sized, and value added additions to both unfinished and prefinished doors, in short lead times.