Owens Corning Acquires Masonite for $3.9 Billion

Masonite International to Acquire PGT Innovations in $3 Billion Deal; Miter Brands Makes Higher Unsolicited Offer

January 8, 2024

Manufacturing

Masonite International has entered a definitive agreement to acquire PGT Innovations for an approximately $3 billion combination of cash and Masonite shares, valuing PGT at $41.00 per share. After the deal was announced, Miter Brands made an unsolicited all-cash proposal to acquire all outstanding shares of PGT for $41.50 per share, which PGT’s board said could reasonably be expected to lead to a superior proposal if improved on price and closing certainty.

Masonite International Corporation Acquires Fleetwood Aluminum Products

October 19, 2023

Building Products

Masonite International Corporation's U.S. subsidiary acquired Fleetwood Aluminum Products, LLC for $285 million in cash. Fleetwood, a Corona, California–based manufacturer of premium aluminum-framed glass door and window systems with ~350 employees and a 200,000 sq. ft. facility, will operate as an independent business unit within Masonite's North American Residential segment and is expected to contribute approximately $150 million of incremental full-year revenue in 2024.

Masonite International to Acquire Endura Products

November 3, 2022

Manufacturing

Masonite International Corporation announced that a wholly owned subsidiary entered into a definitive agreement to acquire Endura Products for approximately $375 million in cash. The deal is subject to customary closing conditions, including regulatory approval, and is expected to close near the end of 2022.

MITER Brands Acquires PGT Innovations for $42.00 Per Share

March 28, 2024

Manufacturing

MITER Brands agreed to acquire all outstanding shares of PGT Innovations for $42.00 per share in cash, valuing the deal at approximately $3.1 billion. The transaction was financed in part by equity from an affiliate of Koch Equity Development and was completed after PGTI stockholder approval in March 2024.

Metrie Acquires BWI Distribution, Louisiana Millwork and Florida Made Door from Owens Corning

February 24, 2026

Building Products

Vancouver-based millwork manufacturer and distributor Metrie has acquired three door distribution businesses—BWI Distribution, Louisiana Millwork, and Florida Made Door—from Owens Corning. The deal expands Metrie’s interior and exterior door solutions and capabilities (pre-hanging, pre-finishing, painting, and job-site delivery) across the Eastern United States.

Nucor Corporation Acquires Rytec Corporation for $565M

June 3, 2024

Building Products

Nucor Corporation has agreed to acquire Rytec Corporation, a Wisconsin-based manufacturer of high-speed, high-performance commercial doors, in an all-cash transaction valued at $565 million. The acquisition expands Nucor's building products portfolio and creates cross-selling opportunities across its commercial markets; Rytec operates two manufacturing facilities in Wisconsin with over 300 teammates.