MasterBrand, Inc. Announces Acquisition of American Woodmark Corp.
On Wednesday, MasterBrand, Inc. (MBC) announced its plan to acquire American Woodmark Corp. (AMWD) through an all-stock transaction, valuing the combined company at approximately $3.6 billion. Under the agreement, American Woodmark shareholders will receive 5.150 shares of MasterBrand stock for each share they hold.
Ownership and Leadership
Post-merger, ownership will be split with about 63% held by MasterBrand shareholders and 37% by American Woodmark shareholders, on a fully diluted basis. The merged entity, expected to be led by Dave Banyard, aims to expand its product offerings, strengthen innovation efforts, and unlock new opportunities for employees.
Timeline and Stock Performance
The deal is anticipated to close in early 2026, at which point American Woodmark will operate as a wholly-owned subsidiary of MasterBrand. Currently, MBC's stock has increased by 4.74%, trading at $11.86 on the New York Stock Exchange.
Contact and Additional Information
For further information or feedback, contact: [email protected].