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FM Mattsson Mora Group M&A Activity 2019
3049_iss_2019-05-14_dc49e72a-ecfa-415b-8f6a-bfffae5d971a.pdf
M&A Activity
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FM Mattsson Mora Group AB (publ.) Box 480 SE-792 27 MORA SWEDEN Telefon +46 (0)250 59 60 00 Fax +46 (0)250 159 60 [email protected] www.fmm-mora.com
14 May 2019
Press release
Completion of acquisition of Hot Bath B.V.
Following the press release of 13 May 2019, FM Mattsson Mora Group has today completed the acquisition of Hot Bath B.V. It remains for the sellers to subscribe for shares of series B in the Company corresponding to 3.5 million euros to be paid through set-off.
For further information, please contact:
Fredrik Skarp, CEO, Tel: +46 (0)250 596 405. Martin Gallacher, CFO, Tel +46 (0)250 596 225.
This information is such that FM Mattsson Mora Group AB (publ) must disclose pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 13:00 CET on 14 May 2019.
FM Mattsson Mora Group conducts the sale, manufacture and product development of water taps under the strong, established brands of FM Mattsson, Mora Armatur and Damixa, primarily in the Nordic region. The group's vision is to be the first choice for customers in the bathroom and kitchen. The business generated sales of more than SEK 1.1 billion and had over 480 employees in 2018. FM Mattsson Mora Group is listed on Nasdaq Stockholm.