FDMC 300

Kraftmaid, Merillat group Cabinetworks to be acquired by Platinum Equity

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.