Masonite Acquires Bridgewater Wholesalers

Window & Door
November 5, 2018
Masonite International Corp. completed the acquisition of the operating assets of Branchburg, New Jersey-based Bridgewater Wholesalers Inc., a fabricator and distributor of door systems and related components supporting customers in the Mid-Atlantic and Northeastern United States. BWI employs approximately 350 people across five facilities located in Pennsylvania, New Jersey, New York and Massachusetts. Masonite has been BWI’s primary supplier of door system components.
“BWI has been an integral partner to Masonite for over three decades, providing outstanding service to their customers,” says Tony Hair, president of Masonite’s Global Residential business. “The combination of Masonite doors and BWI’s expertise with value added services provides continued access to the products and services that builders and dealers know and trust. We welcome the BWI employees to the Masonite family.”
This acquisition marks Masonite’s 10th in the last five years. The purchase price was $23 million, net of cash acquired, and is subject to customary post-closing adjustments, according to the companies.