Mergers & Acquisitions ·
Acquires 20% stake in Beta Beteiligungs und Besitz GmbH for $4.7M worth of shares
MSGYMasonglory Ltd
Masonglory Limited acquired a 20% equity interest in Beta Beteiligungs und Besitz GmbH, an Austrian trading company specializing in hot tubs and swim spas, by issuing 1,377,000 Class A ordinary shares valued at approximately $4.68 million based on a reference price of $3.40 per share. The transaction, completed in August 2026, represents a horizontal expansion into Continental Europe's construction materials and wet trades sector. The filing includes audited financial statements for Beta for fiscal years ended December 31, 2025 and 2024, as well as unaudited condensed statements for the six months ended June 30, 2026, and pro forma combined financial information for Masonglory. Masonglory Limited operates in the wet trades and construction materials services industry.