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FM Mattsson Mora Group acquires Dutch-based Hot Bath
May 14, 2019

FM Mattsson Mora Group, a Swedish-based manufacturer and developer of water taps, has acquired the Dutch-based supplier of kitchen and bathroom taps Hot Bath. FM Mattsson More Group paid EUR 17.7m for Hot Bath. Hot Bath reported a turnover of EUR 20.5m, which corresponds to an EV/Sales multiple of 1.2x.

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