MasterBrand Inc to Acquire Supreme Cabinetry Brands for $520 Million

MasterBrand Inc announces plans to acquire Supreme Cabinetry Brands for $520 million, anticipating $28 million in cost synergies by the end of year three. The deal, expected to close within the first full year, is projected to be accretive to adjusted diluted EPS.


Reuters | Updated: 21-05-2024 17:06 IST | Created: 21-05-2024 17:06 IST
MasterBrand Inc to Acquire Supreme Cabinetry Brands for $520 Million

MasterBrand Inc: * MASTERBRAND TO ACQUIRE SUPREME CABINETRY BRANDS, A MANUFACTURER OF PREMIER CABINET BRANDS

* MASTERBRAND INC: PROPOSED DEAL FOR $520 MILLION * MASTERBRAND INC: COST SYNERGIES OF $28 MILLION EXPECTED BY END OF YEAR THREE FROM DEAL

* MASTERBRAND INC - DEAL XPECTED TO BE ACCRETIVE TO ADJUSTED DILUTED EPS WITHIN FIRST FULL YEAR AFTER CLOSING Source text for Eikon: Further company coverage:

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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