The Cabinet Makers Association has announced the results of the annual election for the organization's board of directors and the installment of its officers.
MasterBrand Inc. has priced its previously announced notes offering and has agreed to issue and sell $700 million aggregate principal amount of 7.00% Senior Notes due 2032.
Michael Wilbur will begin serving as the North American Building Material Distribution Association executive director effective July 1, at which point Kevin Gammonley will retire after 33 years.
MasterBrand Inc. announced that it intends, subject to market and other customary conditions, to offer $700 million aggregate principal amount of Senior Notes due 2032, to be issued by the Company and guaranteed on a senior unsecured basis by the subsidiaries that guarantee the Company’s credit facility.
The National Lumber and Building Material Dealers Association announced Intact iQ is the newest member of the Manufacturers and Services Council. The council is comprised of industry leaders that promote and enhance the success of independent dealers.
The Aaron's Company Inc., a company primarily known for its lease-to-own, omnichannel business, has entered into a definitive agreement to be acquired by IQVentures Holdings LLC for $10.10 per share in cash, or an enterprise value of approximately $504 million.
Mastergrain said it furthered its goal to lead the premium and luxury fiberglass door segment by acquiring Fibercraft Door Co. of Hanover, Ontario. Terms for the transaction were not released.