Press Releases

03.17.08Masonite International Inc. Announces Acquisition of Minority Interest in Foreign Subsidiary

 

MISSISSAUGA, ON, March 17, 2008 - On Friday March 14, 2008, Masonite International Corporation acquired the remaining 25% of the shares outstanding in Kronospan Door Holdings Ltd., the parent of Masonite Czech and Masonite Poland. "Completing the acquisition of the remaining 25% of our businesses in Poland and the Czech Republic solidifies our strong position in these two attractive, growing markets", said Fred Lynch, President and Chief Executive Officer of Masonite International.

This press release is also available within the "News & Events" section of the Company's website at www.masonite.com.

Masonite International is a leading global manufacturer of residential and commercial doors, committed to providing the highest value door products to our customers in more than 70 countries around the world.