USA -  Masonite International Corporation announced that a wholly owned subsidiary has entered into a definitive agreement to acquire the holding company of Endura Products, for approximately USD 375 million in cash, subject to customary closing adjustments and regulatory approval.

Endura is a leading innovator and manufacturer of high-performance door frames and door system components. The company’s product offerings include engineered frames, self-adjusting sill systems, weather sealing, multi-point locks and installation accessories used by builders and contractors in residential new construction as well as repair and remodeling applications.

Endura has a long history of product innovation and holds more than 100 patents on its door system components.

Founded in 1954, Endura has been a family-owned business for three generations. The company employs approximately 800 people across four facilities located in North Carolina, Texas and Oregon. Endura products are sold to distributors located throughout the United States and Canada, as well as direct to OEMs and online. Endura’s net sales* for the twelve months ended September, 2022 were approximately USD 270 million representing a compound annual growth rate of 17% since 2019.