American Bath Group, LLC agreed to acquire MAAX Bath, Inc. from Brookfield Asset Management Inc. (TSX:BAM.A) on January 10, 2017. Pursuant to the transaction, Maax Bath will maintain its production operations as a division of American Bath Group and will continue to be headed by Chief Executive Officer Mark Gold. As of now, American Bath Group and MAAX Bath will operate independently. HSBC Bank Plc acted as financial advisor to MAAX. Royal Bank of Canada acted as Financial Advisor to MAAX Bath on the transaction. Stikeman Elliott LLP acted legal advisor to Brookfield Capital.