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2/09/2024 - Owens Corning Announces $3.9 Billion Acquisition of Masonite

Owens Corning, a leader in global building and construction materials, and Masonite International Corporation (“Masonite”), a leading global provider of interior and exterior doors and door systems, today announced they have entered into a definitive agreement under which Owens Corning will acquire all outstanding shares of Masonite.

Founded in 1925, Masonite designs, manufactures, and markets doors and door systems, with a vertically integrated manufacturing model serving both repair and remodel and new construction demand. Masonite operates 64 manufacturing and distribution facilities, primarily in North America, and has over 10,000 employees globally.