CTD Tiles acquired by Aurelius Investments

CTD Tiles has announced its acquisition by private equity group Aurelius Investments.

Previously under the ownership of Saint-Gobain, the sale is part of a plan to make the tile distributor a standalone business. The acquisition includes all brands under The CTD Group.

Aurelius is known for investing in European, middle market, private and public companies. With a track record of successful investment in over 50 companies in numerous locales, industries and sectors, and liquid cash resources for investment of over £200m, CTD Tiles says it is confident that it is the ideal home for the business as the company raises its sights on growth.

Mike Dent, managing director of CTD Group, comments: “I am delighted to share the news of our acquisition by Aurelius. We have ambitious growth plans for CTD tiles, which we feel will be best realised by establishing ourselves as a standalone business. We look forward to taking these next steps into this exciting new era.”

With a strong focus to digital growth, Aurelius will work with CTD’s management team and expand its e-commerce offering. The company will also continue its current operational development.

Aurelius says it sees opportunities for new trade counter openings and new branch openings in key locations across the UK to further stimulate revenue and profit growth.

Home > News > CTD Tiles acquired by Aurelius Investments