Masonite International Corporation announced the completion of its acquisition of Endura Products. The acquisition purchase price was funded using proceeds from the Company's recently announced $250 million senior secured term loan.

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Masonite International completes acquisition of Endura Products

Masonite International completes acquisition of Endura Products

Image: Masonite International

Masonite International Corporation announced the completion of its acquisition of Endura Products.

The acquisition purchase price was funded using proceeds from the Company's recently announced $250 million senior secured term loan as well as a combination of borrowings on its asset-based revolving credit facility and cash on hand.

Wachtell, Lipton, Rosen & Katz is serving as legal counsel for Masonite in connection with the transaction and Simpson Thacher & Bartlett LLP is serving as financing counsel for Masonite.

Masonite International Corporation is a leading global designer, manufacturer, marketer and distributor of interior and exterior doors and door systems for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets.