Masco subsidiary acquires a piece of Easy Sanitary Solutions

Masco reported that its majority-owned subsidiary Hansgrohe SE has entered into an agrement to purchase a majority stake in the Dutch company Easy Sanitary Solutions (ESS) B.V. headquartered in Oldenzaal, The Netherlands. 

ESS is the inventor, developer, and manufacturer of Easy Drain shower channels and offers a wide range of products for barrier-free showering and bathroom wall niches. ESS will operate as a subsidiary of Hansgrohe SE.

Terms of the transaction were not disclosed. 

The closing of the sale is expected to occur during the first quarter of 2021, subject to customary closing conditions and regulatory review.

Based in Livonia, Mich., Masco’s portfolio of home improvement and building product brands include Behr paint; Delta and Hansgrohe faucets, bath and shower fixtures; Kichler decorative and outdoor lighting; and HotSpring spas.