Kajaria has completed a £400,000 deal to acquire seven stores after CTD Tiles fell into administration in August 2024. The deal will see Kajaria UKP JV take ownership of stores in Brierley Hill, Chester, Colchester, Coventry, Croydon, Derby and Nottingham. The company hopes to retain as much of the original workforce as possible across the stores.
Kajaria says it is the world’s 8th largest tile manufacturer and the biggest in India, with an annual production capacity of 93.1 million sqm. The company currently has a dedicated flagship tile showroom in Park Royal, London- W3 ORU, measuring 14,000sqm.
By expanding its UK portfolio with the acquisition of seven regional stores, the company is aiming to make further inroads with specialist contractors and architects, providing a range of ceramic and vitrified tiles and slabs for both indoor and outdoor use in the residential and commercial sectors.
Damian Hunter, Kajaria UKP’s sales director said: “We are looking forward to growing our network of UK branches following the acquisition of several CTD Tiles stores and also growing our team with the welcome addition of new colleagues. As well, as focusing on meeting the needs of our customers both on a national and regional level, we are also hoping to support and reconnect with as many suppliers who have been affected by CTD Tiles’ fall into administration as possible.”
www.kajariaukp.com
