Sell Side Advisor
Kroll’s Industrials Investment Banking Practice Advised Fleetwood Aluminum Products on Its Sale
On October 19, 2023, Fleetwood Aluminum Products, LLC (“Fleetwood” or the "Company") was acquired by a U.S. subsidiary of Masonite International Corporation (NYSE:DOOR) ("Masonite").
The Industrials M&A Advisory practice of Kroll served as the exclusive financial advisor to Fleetwood in connection with the sale of the Company.
Fleetwood is a leading designer and manufacturer of premium, aluminum-framed glass door and window solutions for luxury homes. Their products include multi-slide and pocket glass patio doors, pivot and hinged glass entry doors and folding glass door wall systems, as well as accompanying premium window products. The company’s exceptionally high-quality product offerings are fully customizable and feature modern designs, sleek hardware and precision locking and rolling systems. Supporting their focus on innovation, Fleetwood has extensive in-house design, engineering and testing capabilities and holds several patents and trademarks for products with energy-saving and weather-resistant features.
A family-owned business since 1961, Fleetwood is headquartered in Corona, CA, and operates a 200,000- square-foot manufacturing facility with approximately 350 total employees. Fleetwood products are sold through a network of over 200 exclusive dealers that partner with homebuilders and architects to offer their industry-leading products to homeowners throughout North America.
Masonite International Corporation (NYSE:DOOR) is a leading global designer, manufacturer, marketer and distributor of interior and exterior doors and door systems for the new construction and repair, renovation and remodeling sectors of the residential and 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 globally.