Acquisition of Hot Bath B.V. by FM Mattsson Mora Group
FM Mattsson Mora Group (“the Group”) has agreed the acquisition of Hot Bath B.V. (“Hot Bath”), one of the market leading suppliers of kitchen and bathroom taps and shower systems to specialist outlets primarily in the Netherlands, together with selected international markets. Hot Bath’s products are produced in Italy and known for both high quality and design and in 2018 the business delivered revenue of €20.5m, employing 37 people. The acquisition of Hot Bath represents a key step in the Group’s growth strategy: acquiring a fast-growing brand with a complementary product portfolio and a