Masco Corporation (NYSE:MAS) entered into an agreement to acquire Sauna360 Group Oy from Nordic Mezzanine II fund, managed by Nordic Mezzanine Limited on July 21, 2023. The purchase price consideration, net of cash acquired for an estimated approximately ?130 million. The transaction is subject to closing adjustments and regulatory approval. The transaction is expected to close in the third quarter. ABG Sundal Collier Holding ASA (OB:ABG) acted as exclusive financial advisor to Nordic Mezzanine. Hannes Snellman Attorneys Ltd. acted as legal advisor to Masco Corporation.

Masco Corporation (NYSE:MAS) completed the acquisition of Sauna360 Group Oy from Nordic Mezzanine II fund managed by Nordic Mezzanine Limited in the third quarter of 2023. The consideration of approximately ?120 million, includes net of cash.