Announced
Synopsis
Topps Tiles, the UK’s tile specialist, agreed to acquire an 80% stake in Strata Tiles, a brand in commercial tile supply, for £3.3m. The acquisition of Strata will add additional scale to Topps’ fast-growing commercial business as it seeks to build a leading position in the commercial tile market. “Our commercial business is already expanding at pace, with sales in the first half growing by around three times year on year. The acquisition of Strata will accelerate this expansion and demonstrates our commitment to building a commercial business of quality and scale.” Matthew Williams, Topps Tiles Chief Executive.
Principals
Show Details & Financials
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.