Aurelius to acquire CTD Tile from Saint-Gobain.

Aurelius, a private equity firm, agreed to acquire CTD Tile, a UK-based specialist supplier of high-quality ceramic tiles, from Saint-Gobain, a light and sustainable construction company. Financial terms are not disclosed. "We are delighted to have kickstarted 2022 with the substantial acquisition of a leading business within a new fast-growing sector for the Group. Throughout its 54-year existence, CTD has developed become one of the largest suppliers of tiles in the UK with a sizeable share of the domestic market. As CTD embarks on its new journey under AURELIUS ownership, we look forward to working with the existing management team to accelerate its earnings growth, leveraging its strong market position and favourable market opportunities," Tristan Nagler, Aurelius Partner.