FM Mattsson Mora Group AB (publ) (OM:FMM B) acquired Aqualla Brassware Ltd for for £11.9 million on February 26, 2021. The consideration comprises of £8.7 million in cash on completion and £3.2 million in shares in the group. FM Mattsson will also made earn-out payments based upon EBITDA for 2021-2023. During 2020, Aqualla delivered revenue of £7.6 million. Aqualla will continue to operate as a free standing unit within the group under the management of the previous owners, CEO Steven Allaway and Sales director Noel Daly and will be responsible for all sales in the UK and Ireland. FM Mattsson Mora Group AB (publ) (OM:FMM B) completed the acquisition of Aqualla Brassware Ltd on February 26, 2021. As of March 18, 2021, FM Mattsson Mora Group AB (publ) issued 0.22 million Class B shares as consideration.