In another sign that the housing market is back on track, Masonite International has made its second acquisition in less than two weeks.
Masonite bought National Hickman, a supplier of door kits and other millwork in the United Kingdom.
The purchase price was $82 million, Masonite said in a statement.
Hickman, with 400 employees at two locations in Birmingham, England and Glenrothes, Scotland, had $110 million in sales in the past year.
Masonite (NYSE: DOOR), a Tampa-based designer and manufacturer… …read more