Masonite International Corporation

Owens Corning completed its acquisition of Masonite International Corporation on May 15, 2024, pursuant to the previously announced Arrangement Agreement. As a result, Howard C. Heckes ceased as CEO of Masonite.

Owens Corning completed its acquisition of Masonite International Corporation, a leading global provider of interior and exterior doors and door systems, for approximately $3.9 billion.

Owens Corning announced a definitive agreement to acquire all outstanding shares of Masonite International Corporation for $133.00 per share in cash, with an implied transaction value of approximately $3.9 billion. The acquisition strengthens Owens Corning's position in residential building materials.

Masonite International Corporation will acquire PGT Innovations, Inc. for $3.0 billion in cash and stock, combining door and window solutions. The transaction is expected to close in the first full year post-close.

Masonite International Corporation acquired Fleetwood Aluminum Products, a manufacturer of premium aluminum-framed glass door systems, for $285 million in cash.