MasterBrand, Inc. 8K

MasterBrand, Inc. completed its all‑stock acquisition of American Woodmark Corporation, forming a combined cabinetry manufacturer under the MasterBrand name that expects significant cost synergies and EPS accretion while American Woodmark’s stock is delisted from Nasdaq.

On May 28, 2026, MasterBrand, Inc. and American Woodmark Corporation announced the closing of their previously announced all‑stock merger, under which American Woodmark shareholders received 5.150 shares of MasterBrand common stock for each American Woodmark share, resulting in pre‑closing MasterBrand shareholders owning approximately 63% of the combined company. The combined company, which will operate under the MasterBrand, Inc. name and continue trading on the NYSE under ticker MBC while American Woodmark’s common stock is delisted from Nasdaq, is positioned as the largest residential cabinet manufacturer in North America, with expanded geographic reach and capabilities. MasterBrand expects to achieve approximately $90 million of annual run‑rate cost synergies by the end of year three and to realize accretion to adjusted diluted EPS in year two, subject to various integration and market risks. Leadership continuity is maintained with Dave Banyard remaining President and CEO and David Petratis remaining Chairman, while three former American Woodmark directors—Andrew Cogan, Philip Fracassa, and Daniel Hendrix—join the MasterBrand board as independent directors, with Mr. Fracassa standing for re‑election at the June 4, 2026 annual meeting.

Filing Facts

CIK

1941365

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-243139

Alert Tier

8