Masco - M&A Summary and Business Overview

Building MaterialsCompany

Masco M&A Summary

Masco has acquired 21 companies, including 4 in the last 5 years. A total of 10 acquisitions came from private equity firms. It has also divested 13 assets.

Masco’s largest acquisition to date was in 2000, when it acquired Tvilum A/S for $300M. It’s largest disclosed sale occurred in 2019, when it sold Masco Cabinetry to ACProducts for $1.0B. Masco has acquired in 10 different US states, and 6 countries. The Company’s most targeted sectors include building materials (48%) and chemicals (12%).

Masco Business Overview

Where is Masco headquartered?

Masco is headquartered in Livonia, Michigan.

What is Masco’s revenue?

Masco disclosed revenue of 7,967M USD for 2023 and 8,680M USD for 2022.

How many employees does Masco have?

Masco has 18,000 employees.

What sector is Masco in?

Masco is a building materials company.

When was Masco founded?

Masco was founded in 1929.

M&A Summary

  • M&A Total Activity30
    • M&A Buy Activity17
    • M&A Sell Activity13
  • Total Sectors Invested 8
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 21
  • M&A Advisors 1

Masco

Masco Corp.

17450 College Parkway,
Livonia, Michigan 48152
United States,
(313) 274-7400
www.masco.com

Masco manufactures, distributes and installs home improvement and building products. The Company is among the largest manufacturers in North America of a number of home improvement and building products, including faucets, cabinets, architectural coatings and windows, and Masco is one of the largest installers of insulation for new home construction. The Company provides a broad product offering in a variety of styles and price points and distribute products through multiple channels, including directly to homebuilders and wholesale and retail channels. Masco was formed in 1929 and is based in Livonia, Michigan.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 14 1 1 - 1 - 17
vol $300M $300M
Sell (0.4/yr) # 11 - 1 - - 1 13
vol $1.7B $125M $1.9B
  30

Most Recent M&A

Company Date Value Type
Kichler Lighting LLC 2024-09-03 125M USD Divestiture
Solon, Ohio · www.kichler.com
Sauna360 Group Oy 2023-07-31 - Add-on Acquisition
Hanko, Finland · www.sauna360.com
Steamist Co., Inc. 2021-07-15 - Add-on Acquisition
Rutherford, New Jersey · www.steamist.com
HUPPE GmbH 2021-03-12 - Divestiture
Bad Zwischenahn, Germany · www.hueppe.com
Smartap LTD 2020-05-31 - Add-on Acquisition
Ein Hashofet, Israel · www.smartap-tech.com
Masco Cabinetry 2019-11-15 1.0B USD Divestiture
Ann Arbor, Michigan · www.mascocabinetry.com
MI Windows and Doors LLC 2019-11-07 - Divestiture
Gratz, Pennsylvania · www.miwd.com
Masco Corp. - Milgard Windows and Doors 2019-10-01 725M USD Divestiture
Livonia, Michigan
Kichler Lighting LLC 2018-01-08 - Add-on Acquisition
Solon, Ohio · www.kichler.com
Moores Furniture Group Ltd. 2017-11-01 - Divestiture
West Yorkshire, United Kingdom · www.moores.co.uk
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
BrassCraft Manufacturing Co. 2017-01-01 BrassCraft Manufacturing - Cobra Drain Tools Product Line 2023-03-13 1
Novi, Michigan · www.brasscraft.com Novi, Michigan
Milgard Manufacturing, Inc. 2001-07-02 MI Windows and Doors LLC 2019-11-07 1
Tacoma, Washington · www.milgard.com Gratz, Pennsylvania · www.miwd.com

M&A by Sector

Sector Buy # Value Sell # Value
Building Materials 8 (47%) - 6 (46%) 1.7B (93%)
Consumer Products 2 (12%) - 1 (8%) -
Construction 1 (6%) - 2 (15%) -
Chemicals 2 (12%) - - -
Electrical Equipment 1 (6%) - 1 (8%) 125M (7%)
Furniture 1 (6%) 300M (100%) 1 (8%) -
Manufacturing 1 (6%) - 1 (8%) -
Distribution 1 (6%) - - -
Agriculture - - 1 (8%) -
Total 17 $300M 13 $1.9B

By Geo

State/Country Buy Value Sell Value
United States 11 - 10 1.9B
  New Jersey 2 - 2 -
  Michigan 1 - 2 1.7B
  Arizona 1 - 2 -
  Ohio 1 - 1 125M
  Washington 1 - - -
  Virginia 1 - - -
  Texas 1 - - -
  North Carolina 1 - - -
  Missouri 1 - - -
  California 1 - - -
  Pennsylvania - - 1 -
  Florida - - 1 -
  Delaware - - 1 -
United Kingdom 2 - 1 -
Denmark 1 300M 1 -
Germany 1 - 1 -
Finland 1 - - -
Israel 1 - - -
Domestic 11 (65%) - 10 (77%) 1.9B (100%)
Cross-border 6 (35%) 300M (100%) 3 (23%) -
Total 17 $300M 13 $1.9B

Top M&A Advisors

Financial Deals
Angle Advisors LLC
1

Deal Values

buy # Total
$100M to $1B 1 $300M
TOTAL $300M
Largest Tvilum A/S
$300M (2000-01-25)
sell # Total
> $1B 1 $1.0B
$100M to $1B 2 $850M
TOTAL $1.9B
Largest Masco Cabinetry
$1.0B (2019-11-15)

M&A Connections

Deals
Acquired from
Investor(s)
35%
6 (35%)
Divested to
Investor(s)
62%
8 (62%)
Strategic(s)
31%
4 (31%)

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