Weekly Email News for the Glass, Glazing & Fenestration Industries

Door-Stop owner acquires DW3 Group
30th January 2018

Door-Stop and Premdoor owner Masonite International Corporation today announced it has completed the acquisition of DW3 Products Group Ltd and its subsidiaries for an undisclosed sum.

DW3 Products Group has grown rapidly in the past few years with brands including Solidor, Residor and Nicedor, The Residence Collection and Window Widgets.

Masonite International has a number of business interests in the UK with Door-Stop International, Hickman Industries, Performance Door Set Solutions and Premdor. The company says the introduction of DW3 Products Group: “fits exceptionally well with Masonite’s vision to be the best provider of building products in the eyes of all stakeholders including customers, employees, shareholders, suppliers and communities.”

The existing DW3 Products Group management team are all staying in their current roles and are looking to share operational knowledge and expertise collectively, to create improved and growing UK business interests for Masonite International, who are a public company, traded on the New York Stock Exchange.

DW3 CEO Gareth Mobley, pictured, said: “The acquisition of DW3 by Masonite International is good news for all. They have a proven track record with companies such as Door-Stop International who have grown strongly post-acquisition and without question, are the perfect fit for the group.

He continued: “Little will change across the group whether you are a customer of Solidor, Residor, Nicedor, The Residence Collection and Window Widgets.

With the resources of Masonite behind us and opportunities to share knowledge and ideas, it will make for a very strong, stable and successful future.”

www.dw3group.co.uk

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