Announced
Completed
Synopsis
Cranemere-backed The Engineered Stone Group, a material specialist in engineered stone products, completed the acquisition of Fiora and Nuovvo, two European manufacturers of bathroom products. Financial terms of the transactions were not disclosed. "The additions of Fiora and Nuovvo further establish the ES Group as a leading material specialist in the bathroom products segment. As customers continue to recognize the advantages of engineered stone materials versus the traditional alternatives of acrylic and porcelain, the ES Group has assembled the breadth of brands, products and capabilities to lead this conversion over the long-term," Christopher Mahan, ES Group Chairman.
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