
Masonite Completes Acquisition of Marshfield
DoorSystems Inc.
August 10, 2011
Masonite Inc. has completed its acquisition
of Marshfield DoorSystems Inc., headquartered in Marshfield, Wis.
Marshfield is a provider of doors and door components for commercial
and architectural applications; 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."
Says Don Bergman, Marshfield's CEO: "The combination of Marshfield
and Masonite will provide great, new opportunities for our customers,
employees and suppliers. We look forward to successfully integrating
the two businesses."
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