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Masonite International to Sell Architectural Business Segment
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Masonite International to Sell Architectural Business Segment
Apr 24, 2024 7:41 AM

10:25 AM EDT, 04/24/2024 (MT Newswires) -- Masonite International ( DOOR ) said Wednesday that it has entered into a deal to sell all assets associated with its Architectural segment to subsidiaries of IBP Solutions, a newly formed portfolio company of Industrial Opportunity Partners.

The transaction is set to close in Q2, the company said.

Financial details were not disclosed.

Price: 131.48, Change: +0.20, Percent Change: +0.15

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