Masonite uses cash, existing credit facility to buy Fleetwood

Chicago, Oct. 19 – Masonite International Corp. reported that its $285 million cash acquisition price for glass door manufacturer Fleetwood Aluminum Products, LLC was funded with cash on hand and borrowings under its ABL credit facility, according to a press release.

Masonite plans to operate Fleetwood as an independent business unit.

Masonite is a Tampa, Fla.-based manufacturer and distributor of interior and exterior doors and door systems.

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