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Blog Exposure - Masonite Purchases DW3 Products Holding

LONDON, UK / ACCESSWIRE / February 01, 2018 / Active-Investors.com has just released a free research report on Masonite International Corp. (NYSE: DOOR) (“Masonite”).If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=DOOR as the Company's latest news hit the wire. On January 30, 2018, the Company announced that it has acquired UK-based DW3 Products Holding Ltd (“DW3”). The purchase price for all of DW3's outstanding shares was approximately £70 million. The transaction is subject to customary post-closing adjustments and regulatory approvals. Register today and get access to over 1000 Free Research Reports by joining our site below:

www.active-investors.com/registration-sg

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Masonite International most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=DOOR

DW3 is a leading UK provider of high quality premium door solutions and window systems, supplying products under brand names such as Solidor, Residor, Nicedor, and Residence. The Company employs around 300 people located in Stoke-on-Trent and Gloucester, England. DW3's net sales were approximately £45 million for the twelve months ended December 2017.

DW3 is an Excellent Fit for Masonite's Existing Business in UK

DW3 fits exceptionally well with Masonite's existing business in the United Kingdom. Online quick ship capabilities and product portfolio of both Companies complement each other. The acquisition will help Masonite to expand the strategies it is pursuing in the UK market. DW3's products and service model are a natural addition to Masonite's business, and the latter is also an excellent cultural fit for DW3.

DW3 is Masonite's Eighth Acquisition in the Last Four Years

Masonite expects the acquisition to be immediately accretive to adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) margin and adjusted earnings per share (EPS) in 2018. DW3 is Masonite's eighth acquisition in the last four years, and the fourth acquisition in the UK during that period.

Masonite's Last Acquisition Agreement

In October 2017, the Company completed the acquisition of A&F Wood Products, Inc., a wholesaler and fabricator of architectural and commercial wood doors in the Midwest United States. The sellers retained the use of the A&F brand for use with a separate pocket door frame business. The terms of the acquisition were not disclosed.

Acquisitions in UK Since 2014

In August 2015, Masonite completed the acquisition of National Hickman, a leading supplier of door kits and other millwork in the UK, providing the new homebuilder sector with customized solutions delivered directly to the job site. The purchase price for National Hickman's outstanding shares was approximately US $82.0 million.

In July 2015, the Company acquired Performance Doorset Solutions Ltd (“PDS”) for approximately US $16.0 million. PDS was a leading supplier of custom doors and millwork in the UK that specializes in non-standard product specifications, manufacturing both wood and composite solutions. The acquisition of PDS strengthens Masonite's leadership position in the UK market.

In February 2014, Masonite purchased Door-Stop International Ltd, the UK's largest pre-hanger and distributor of composite exterior residential doors and door sets, for approximately US $50 million.

About Masonite International Corp.

Founded in 1924 and headquartered in Tampa, Florida, Masonite is a leading global designer and manufacturer of interior and exterior doors for the residential new construction; the residential repair, renovation, and remodeling; and the non-residential building construction markets. The Company serves more than 7,000 customers in 65 countries.

Stock Performance Snapshot

January 31, 2018 - At Wednesday's closing bell, Masonite International's stock was marginally down 0.92%, ending the trading session at $69.75.

Volume traded for the day: 121.31 thousand shares.

Stock performance in the previous three-month period – up 4.34%; and past twelve-month period – up 4.73%

After yesterday's close, Masonite International's market cap was at $1.96 billion.

Price to Earnings (P/E) ratio was at 21.92.

The stock is part of the Industrial Goods sector, categorized under the General Building Materials industry. This sector was up 0.2% at the end of the session.

LONDON, UK / ACCESSWIRE / February 01, 2018 / Active-Investors.com has just released a free research report on Masonite International Corp. (DOOR) (“Masonite”).If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=DOOR as the Company's latest news hit the wire. On January 30, 2018, the Company announced that it has acquired UK-based DW3 Products Holding Ltd (“DW3”). The purchase price for all of DW3's outstanding shares was approximately £70 million. The transaction is subject to customary post-closing adjustments and regulatory approvals. Register today and get access to over 1000 Free Research Reports by joining our site below:

www.active-investors.com/registration-sg

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Masonite International most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=DOOR

DW3 is a leading UK provider of high quality premium door solutions and window systems, supplying products under brand names such as Solidor, Residor, Nicedor, and Residence. The Company employs around 300 people located in Stoke-on-Trent and Gloucester, England. DW3's net sales were approximately £45 million for the twelve months ended December 2017.

DW3 is an Excellent Fit for Masonite's Existing Business in UK

DW3 fits exceptionally well with Masonite's existing business in the United Kingdom. Online quick ship capabilities and product portfolio of both Companies complement each other. The acquisition will help Masonite to expand the strategies it is pursuing in the UK market. DW3's products and service model are a natural addition to Masonite's business, and the latter is also an excellent cultural fit for DW3.

DW3 is Masonite's Eighth Acquisition in the Last Four Years

Masonite expects the acquisition to be immediately accretive to adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) margin and adjusted earnings per share (EPS) in 2018. DW3 is Masonite's eighth acquisition in the last four years, and the fourth acquisition in the UK during that period.

Masonite's Last Acquisition Agreement

In October 2017, the Company completed the acquisition of A&F Wood Products, Inc., a wholesaler and fabricator of architectural and commercial wood doors in the Midwest United States. The sellers retained the use of the A&F brand for use with a separate pocket door frame business. The terms of the acquisition were not disclosed.

Acquisitions in UK Since 2014

In August 2015, Masonite completed the acquisition of National Hickman, a leading supplier of door kits and other millwork in the UK, providing the new homebuilder sector with customized solutions delivered directly to the job site. The purchase price for National Hickman's outstanding shares was approximately US $82.0 million.

In July 2015, the Company acquired Performance Doorset Solutions Ltd (“PDS”) for approximately US $16.0 million. PDS was a leading supplier of custom doors and millwork in the UK that specializes in non-standard product specifications, manufacturing both wood and composite solutions. The acquisition of PDS strengthens Masonite's leadership position in the UK market.

In February 2014, Masonite purchased Door-Stop International Ltd, the UK's largest pre-hanger and distributor of composite exterior residential doors and door sets, for approximately US $50 million.

About Masonite International Corp.

Founded in 1924 and headquartered in Tampa, Florida, Masonite is a leading global designer and manufacturer of interior and exterior doors for the residential new construction; the residential repair, renovation, and remodeling; and the non-residential building construction markets. The Company serves more than 7,000 customers in 65 countries.

Stock Performance Snapshot

January 31, 2018 - At Wednesday's closing bell, Masonite International's stock was marginally down 0.92%, ending the trading session at $69.75.

Volume traded for the day: 121.31 thousand shares.

Stock performance in the previous three-month period – up 4.34%; and past twelve-month period – up 4.73%

After yesterday's close, Masonite International's market cap was at $1.96 billion.

Price to Earnings (P/E) ratio was at 21.92.

The stock is part of the Industrial Goods sector, categorized under the General Building Materials industry. This sector was up 0.2% at the end of the session.

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