M&A Deal Summary

Engineered Stone Group Acquires MTI Baths

On March 1, 2022, Engineered Stone Group acquired building materials company MTI Baths

Acquisition Highlights
  • This is Engineered Stone Group’s 7th transaction in the Building Materials sector.
  • This is Engineered Stone Group’s 1st transaction in the United States.
  • This is Engineered Stone Group’s 1st transaction in Georgia.

M&A Deal Summary
Date 2022-03-01
Target MTI Baths
Sector Building Materials
Buyer(s) Engineered Stone Group
Deal Type Add-on Acquisition

Target

MTI Baths

Sugar Hill, Georgia, United States
MTI Baths is a manufacturer of bathtubs, shower trays, and sinks. The business offers a wide range of award-winning bathtubs across its Boutique, Designer, and MTI BASICS lines, customized to the specifications of each individual customer. MTI Baths was founded in 1988 and is based in Sugar Hill, Georgia.

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Buyer(S) 1

Buyer

Engineered Stone Group

United Kingdom
Category Company
Founded 2016
Sector Building Materials
DESCRIPTION

Engineered Stone Group provides material that unites natural stone with resins to produce a superior material. The Engineered Stone Group offers greater design freedom, a more luxurious feel, enhanced strength, and improved heat retention and acoustic properties.

DEAL STATS #
Overall 7 of 7
Sector (Building Materials) 7 of 7
Type (Add-on Acquisition) 6 of 6
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-01 Aquatica

Jelgava, Latvia

Aquatica is a producer of engineered stone, solid surface, and acrylic bathtubs and spas. The Company primarily serves the direct-to-consumer online channel and is a specialist in hydrotherapy. Aquatica is based in Jelgava, Latvia.

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