Posted August 5, 2015
Aug 05, 2015. /Lesprom Network/. Masonite International Corporation has completed the acquisition of National Hickman. The purchase price for 100% of the outstanding shares was approximately $82 million, as the company said in the press release received by Lesprom Network.
Hickman is a leading supplier of doorkits (similar to fully finished prehung door units) and other millwork in the United Kingdom providing the new homebuilder sector with customized solutions delivered directly to the job site.
“Hickman’s leadership in providing doorkit solutions to the homebuilder market in the UK is a natural extension of our UK business,” said Chris Virostek, Masonite’s Senior Vice President, Strategy Implementation and Corporate Development.
Masonite International Corporation is a leading global designer and manufacturer of interior and exterior doors for the residential new construction; the residential repair, renovation and remodeling; and the non-residential building construction markets.