acquisition Archives

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Midea acquires Küppersbusch parent company

Midea has successfully completed the takeover of Teka Group – the parent company of Küppersbusch – with the aim of “rapidly expanding” the brand into new product categories.

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New Showerwall ASM says company ‘still means business’

Showerwall has appointed Chris Phillips as area sales manager, who has affirmed the company “is still here and that we very much mean business” after its acquisition by Bathroom Brands.

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CMA finally approves CTD Tiles deal

After launching an inquiry into its acquisition of retailer CTD Tiles last year, the CMA has finally cleared Topps Tiles to go ahead and complete the takeover deal.

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Carron Bathrooms acquired by Brand K Group

UK radiator and bathroom supplier Brand K Group has acquired Falkirk-based manufacturer Carron Bathrooms, marking the group’s ninth UK acquisition.

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B&Q saves three more Homebase stores

Home improvement and garden giant B&Q has acquired three Homebase stores in the Republic of Ireland, following the retail brand’s collapse at the end of last year.

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CMA invites comments into Topps Tiles probe

The CMA is continuing its inquiry into Topps Tiles’ acquisition of CTD Tiles, and is welcoming comments into whether the deal could result in competition concerns.

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Franke acquires Nokite to strengthen steel tap offering

Looking to strengthen its position in the tap market, Franke Group has successfully acquired Chinese steel taps and accessories supplier Nokite for an undisclosed sum.

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Topps Tiles hits back against claims CTD deal was ‘irrational’

Topps Tiles has fought back against claims made by its biggest shareholder that the decision to buy CTD Tiles earlier this year was “irrational” and “detrimental” to the business.

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Wilko and The Range owner saves 70 Homebase stores

Following reports that DIY retailer Homebase was entering administration, the business and up to 70 of its stores have been acquired by CDS Superstores.

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Bon Accord Glass acquired through MBO

The Aberdeen-based home improvement company has been acquired through a management buyout (MBO) as it celebrates 50 years in business.

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Villeroy & Boch smashes revenue record after Ideal Standard deal

Ceramics brand Villeroy & Boch has exceeded €1bn in revenue for the first time following its Ideal Standard acquisition, despite the deal taking a toll on profits

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CMA investigating CTD Tiles acquisition

The Competitions and Markets Authority (CMA) has opened an inquiry into the recent acquisition of CTD Tiles by Topps Tiles.

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Brand K Group acquires Aqualux

Radiator and bathroom equipment supplier, Brand K Group, has acquired the brand of Aqualux, the shower enclosures, screens and accessories manufacturer.

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Franke Group acquires Swiss extractor brand

Franke Group has acquired Swiss WESCO Group, a manufacturer of extractor hoods and ventilation systems, looking to strengthen its market position in Switzerland and Germany.

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Bathroom Brands saves Showerwall after IDS collapse

Bathroom Brands Group has acquired Showerwall and its assets for an undisclosed sum, after its parent company, International Decorative Surfaces (IDS), recently fell into administration.

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Full list of CTD Tiles closures revealed

Following news that Topps Tiles has acquired the CTD Tiles brand and saved 30 of its retail locations, the full list of which stores will remain open has now been confirmed.

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Topps Tiles acquires CTD Tiles brand

Topps Tiles has acquired the CTD Tiles brands and certain assets for £9 million after the company fell into administration.

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Passmore Group announces new acquisition

Yorkshire-based KBB company Passmore Group has expanded its business, having successfully acquired Yorkshire Plumb Supplies in Otley.

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Midea acquires Küppersbusch parent company

New Showerwall ASM says company ‘still means business’

CMA finally approves CTD Tiles deal

Carron Bathrooms acquired by Brand K Group

B&Q saves three more Homebase stores

CMA invites comments into Topps Tiles probe

Franke acquires Nokite to strengthen steel tap offering

Topps Tiles hits back against claims CTD deal was ‘irrational’

Wilko and The Range owner saves 70 Homebase stores

Bon Accord Glass acquired through MBO

Villeroy & Boch smashes revenue record after Ideal Standard deal

CMA investigating CTD Tiles acquisition

Brand K Group acquires Aqualux

Franke Group acquires Swiss extractor brand

Bathroom Brands saves Showerwall after IDS collapse

Full list of CTD Tiles closures revealed

Topps Tiles acquires CTD Tiles brand

Passmore Group announces new acquisition

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