MasterBrand to Acquire Supreme Cabinetry Brands, a Manufacturer of Premier Cabinet Brands
MasterBrand, Inc. (MBC)
Company Research
Source: Business Wire
Acquisition is strongly aligned with MasterBrand’s growth priorities, and channel and product strategyEnhances MasterBrand’s product and brand portfolio, while meaningfully expanding dealer network, diversity of channel distribution, and delivery of consumer value and choiceSupreme Cabinetry Brands brings exceptional track record of growth and profitability; Companies share highly complementary cultures and commitment to superior customer experienceSignificant cost synergies of $28 million expected by the end of year three; Expected to be accretive to adjusted diluted EPS1 within first full year after closingConference call scheduled for 8:00 a.m. ET today BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), through its subsidiary MasterBrand Cabinets, LLC, has agreed to acquire Supreme Cabinetry Brands, Inc. (“Supreme”), a highly regarded cabinetry company, from GHK Capital Partners LP (“GHK”) for $520 million in cash. Pre-synergies, th
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MBC
News
- MasterBrand Reschedules Second Quarter 2024 Earnings Conference Call to 5:30pm ET on August 6, 2024Business Wire
- MasterBrand Reports Second Quarter 2024 Financial ResultsBusiness Wire
- MasterBrand Releases Annual Corporate Sustainability and Responsibility (CSR) ReportBusiness Wire
- GHK Capital Partners LP Completes the Sale of Supreme Cabinetry BrandsAccesswire
- MasterBrand Completes Acquisition of Supreme Cabinetry BrandsBusiness Wire
MBC
Sec Filings
- 9/25/24 - Form 8-K/A
- 9/19/24 - Form 4
- 9/13/24 - Form 144
- MBC's page on the SEC website