Engineered Stone Group Acquires MTI Baths and Aquatica
March 1, 2022
The Engineered Stone Group (established by The Cranemere Group) acquired US-based MTI Baths and Europe-based Aquatica to expand its engineered stone and hydrotherapy bathing footprint in North America. The deals bring MTI's Sugar Hill, Georgia manufacturing and Aquatica's high-end solid surface/DTC capabilities into the ES Group portfolio, with both brands continuing to operate independently under existing management.
- Targets
- MTI Baths, Aquatica
- Sellers
- MTI employee-owners
- Platforms
- The Engineered Stone Group
- Industry
- Building Products
- Location
- Georgia, United States
- Transaction Type
- Addon
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