Posted August 3, 2015
Aug 03, 2015. /Lesprom Network/. Masonite International Corporation has completed the acquisition of Performance Doorset Solutions Limited (“PDS”). The purchase price for 100% of the outstanding shares was approximately $16 million, as the company said in the press release received by Lesprom Network.
"PDS is a producer of high quality niche product lines that complement Masonite’s existing UK business. We believe the acquisition of PDS strengthens Masonite’s leadership position in the UK market," said Chris Virostek, Masonite’s Senior Vice President, Strategy Implementation and Corporate Development.
PDS is a leading supplier of custom doors and millwork in the United Kingdom that specializes in non-standard product specifications, manufacturing both wood and composite solutions.
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.