Mergers and Acquisitions

Woodworking Industry News

Historic Haas Cabinets saved from closure

Cotton Bay Corp, a diversified holding company that has made inroads into the cabinet industry with the recent purchase of the Valen Group and Candlelight Cabinetry, plans to acquire Haas Cabinet Co. Inc., which the company says marks "Cotton Bay Corp's continued commitment to growth and expansion in the wood and building products industry.

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MasterBrand updates Supreme acquisition

'Operational optimization' is a critical synergistic rationale that the leadership of MasterBrand is looking at as it looks to "dots the i's and cross the t's" on the massive $520 million deal announced May 21 that would see Supreme Cabinetry Brands come under the wing of MasterBrand, North America's largest manufacturer of cabinets.

FDMC 300

MasterBrand acquires Supreme Cabinetry Brands for $520 million

In a $520 million deal, MasterBrand, the nation's largest cabinet company, has acquired Supreme Cabinetry Brands. MasterBrand said the deal is expected to bring annual cost savings of $28 million in procurement and production synergies, enhance its portfolio, and expand its dealer network and diversity of channel distribution.