Last week on August 5, MasterBrand Inc. concluded a deal wherein “they will combine with American Woodmark via an all-stock merger,” according to a press release printed in the trades publication Lumber Blue Book.
MasterBrand Inc started as the United Cabinet Corporation, opening manufacturing operations in Celestine, Illinois. Known for its “Aristokraft” brand, it forged a strong reputation during the post World War II housing boom in the 1950s and 60s. In the 1990s, the company American Brands acquired a number of established cabinet names. Corporate changes over the years brought these and other names together under Fortune Brands, which also sold a large selection of other home improvement and maintenance products.
Loading the full story…
