Hasan Akgün completed the acquisition of Graniser from Victoria for €36.8m.

Hasan Akgün completed the acquisition of Graniser, a ceramic tile manufacturer, from Victoria, a British flooring group, for €36.8m. "Having experienced a difficult demand environment recently, the sale of Graniser to, and partnership with, Mr Akgün will provide Victoria's ceramic tiles business continued access to cost-effective tiles whilst contributing towards the deleveraging of the Group's balance sheet by reducing leverage by approximately 0.5 times. For the avoidance of doubt, the sale of Graniser will have no impact on our other Turkish businesses, which employ 900 people extruding synthetic fibre for our soft flooring factories, and manufacturing rugs for export to Europe and the United States, and remain an important part of the Group," Philippe Hamers, Victoria CEO.