Platinum Equity buys Masco Cabinetry to form Cabinetworks (2019–2020)
Masco sold its cabinetry business to Platinum Equity for about $1 billion. Platinum rebranded the unit as Cabinetworks Group with the KraftMaid, Merillat, and Medallion brands.
A private equity owner took one of the top three U.S. cabinet makers off the public market and started plant rationalization.
Cabinetworks became the main private peer to MasterBrand and American Woodmark, setting up the two-listed, one-private structure now collapsing into a duopoly.
Shows the prior step in the same consolidation path: each transaction has reduced the number of independent large U.S. cabinet manufacturers.
