Masonite Completes Acquisition of Marshfield DoorSystems Inc.August 10th, 2011 by DWM Magazine
Masonite Inc. announced the closing of the acquisition of Marshfield DoorSystems Inc., headquartered in Marshfield, Wis. Marshfield is a provider of doors and door components for commercial and architectural applications, and its 2010 revenue exceeded $100 million dollars. No other financial details of the acquisition have been disclosed.
Marshfield employs approximately 600 people, with a primary facility in Marshfield and two smaller locations in Greensboro, N.C. and Largo, Fla.
“We are excited to complete this transaction and look forward to partnering with Marshfield’s customers, suppliers and employees,” says Fred Lynch, Masonite’s President and chief executive officer. “Marshfield also provides an important additional platform of strategic growth for our company.”
“The combination of Marshfield and Masonite will provide great, new opportunities for our customers, employees and suppliers,” adds Don Bergman, Marshfield’s CEO. “We look forward to successfully integrating the two businesses.”