Majority stake Announced Apr 2000
Maax signs agreement to acquire Dutch acrylic sanitary products maker SaniNova B.V.
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Summary
Maax signed an agreement to acquire all shares of SaniNova B.V., a Netherlands-based manufacturer of acrylic sanitary plumbing products (shower trays, bathtubs, whirlpools, steam cabins). Undisclosed amount with an earn-out; management stays in place.