Transaction

Door-Stop International sold to Masonite International Corporation

Transaction

Door-Stop International sold to Masonite International Corporation

Sell-side

Undisclosed

Role

Adviser to Door-Stop International on its sale to Masonite International Corporation

Sector

Industrial & Chemicals

Region

UK

Clearwater has advised leading door manufacturer Door-Stop International on its £30m sale to Canadian trade buyer Masonite International.

Established in 2008, Door-Stop is the UK's leading manufacturer and distributor of high quality "ready-to-fit" composite exterior residential doorsets with an expanding nationwide customer base of trade fabricators, installers and specialist retailers. The business employs 200 staff and recorded revenue of £25m in 2013. Door-Stop will remain trading as normal and all staff will continue in their roles at its facility in Huthwaite, North Nottinghamshire.

Masonite International Corporation is a leading global designer and manufacturer of interior and exterior doors for the residential new construction; the residential repair, renovation and remodeling; and the non-residential building construction markets. Since 1925, Masonite has provided its customers with innovative products and superior service at compelling values. Masonite currently serves more than 7,000 customers in 80 countries.

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Advisers

Transactions