Masonite Announces Sale of Architectural Business Segment

Masonite has entered into a definitive agreement for the sale of all assets associated with the Architectural segment to subsidiaries of IBP Solutions, Inc., a newly formed portfolio company of Industrial Opportunity Partners (IOP). IOP has a proven track record of positioning businesses for future success. We look forward to closing the transaction in the second quarter of 2024, subject to customary closing conditions. 

Best Regards,  

David Perkins

Vice President and Head of Sales  

Masonite North America Residential Business