MasterBrand: Kitchen Cabinets Player Reinforces Its Position With Acquisition

Summary

  • MasterBrand, Inc., the largest North American residential cabinet manufacturer, has acquired Supreme Cabinetry Brands, increasing its market positioning in the upper segment.
  • Despite a decline in sales in 2023, MasterBrand managed to grow its EBITDA margins and posted strong profits.
  • The acquisition of Supreme Cabinetry Brands is a substantial deal that will fill gaps in the premium segment and add bath products to MasterBrand's portfolio.
  • Some question marks still need to be answered and despite a modest earnings multiple, I am mindful of the momentum displayed by shares already.

Home kitchen interior

Tony Anderson

Shares of MasterBrand, Inc. (NYSE:MBC) hit the newswires recently as the largest North American residential cabinet manufacturer increased its market positioning with the purchase of Supreme Cabinetry Brands. This is a substantial deal, as MasterBrand has

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