Masonite Inc. announced this week that it acquired substantially all of the assets of LEDCO Inc., located in Shelbyville, Ky. LEDCO is an interior flush door manufacturer specializing in molded, veneer, mirror, pine, and bifold doors. LEDCO (previously known as Lake Erie Door Company) was founded in 1964 in Akron, Ohio, by the Solomon family. The financial details of the acquisition have not been disclosed.

“LEDCO is a well run and highly respected door manufacturer. Their specialized business model is a natural fit for Masonite, and our respective customers will definitely benefit from the combined strengths of both companies,” says Larry Repar, Masonite’s executive vice president and chief operating officer.

LEDCO’s president, Steve Solomon, will remain with Masonite in a senior advisory role. Joseph Solomon will remain with Masonite having the overall responsibility of the Shelbyville facility. LEDCO’s vice president of sales and marketing, Drew Scott, will also remain with the company and assume a senior sales role with Masonite’s wholesale team.

“We view this acquisition as an important first step as we seek to employ our strong capital structure to accelerate profitable growth by targeting incremental capital expenditures, add-on acquisitions and strategic acquisitions,” adds Masonite’s president and chief executive officer Fred Lynch.

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