TAMPA, Fla. - Masonite International Corporation (the "Company") today announced that on March 26, 2012, it completed the acquisition of Baillargeon Doors, Inc. (“Baillargeon”), headquartered in St. Ephrem, Quebec, Canada. Baillargeon is a well-respected Canadian manufacturer of wood flush doors for architectural applications founded in 1985.
Baillargeon employs approximately 120 people at a single facility. The company’s 2011 revenues were approximatley $20 million. No other financial details of the acquisition have been disclosed.
"The acquisition of Baillargeon strengthens our Architectural DoorSystems presence in North America bringing with it a strong brand, deep customer relationships and quality products,” said Chris Virostek, Masonite’s Senior Vice President of Corporate Development. “We are excited about the opportunities created by Baillargeon joining the Masonite team.”
“Baillargeon’s presence in Canada is a natural complement to Masonite’s existing architectural door businesses,” said Bruno Baillargeon, President of Baillargeon. “We have had a great relationship with Masonite as a supplier for many years, and I am excited for the benefits this combination will bring for our employees and customers.”
Mr. Baillargeon will stay on with Masonite for an interim period in a consulting role, to assist in integrating Baillargeon into Masonite. All other members of Baillargeon’s management team will stay with the Company.
Source: Masonite International Corporation
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