FTSE-listed Topps Tiles has acquired CTD Tiles out of administration for £9m as it looks to enter the housebuilding segment. The purchase included CTD Tiles’ brands, 30 stores, selected stock ...

CTD Tiles tumbled into administration in August after coming under pressure from a downturn in the home improvement sector. It ran 86 stores across the UK and employed 425 staff before its collapse.

Britain's competition regulator said on Monday it might green light Topps Tiles' 9-million-pound ($11.3 million) acquisition of CTD Tiles, if the proposed remedies are found sufficient.

"Topps Group looks to be in great shape, in our view, with a widening footprint across domestic tiles (Trade and Retail), ...

Topps Tiles bought the CTD Tiles brand and 30 stores last year for 9 million pounds ($11.9 million) after CTD Tiles went into administration, a process similar to Chapter 11 bankruptcy protection ...

The full list of closures - and which stores have been rescued 🏷️ ...

Topps Tiles has received approval from the Competition and Markets Authority for its £9m takeover of CTD Tiles.

Some CTD Tile stores have now been saved from closure. It ran 86 stores across the UK and employed 425 staff before its collapse. Administrators swiftly struck a deal for rival Topps Tiles to buy ...

Topps Tiles has acquired CTD Tiles for just £9m. FTSE-listed Topps Tiles has acquired CTD Tiles out of administration for £9m as it looks to enter the housebuilding segment.

Established in the 1960s, CTD Tiles reported £75 million in revenue last year but faced market challenges; A major UK tile supplier has closed 56 of its stores after falling into administration.

Established in the 1960s, CTD Tiles reported £75 million in revenue last year but faced market challenges; A major UK tile supplier has closed 56 of its stores after falling into administration.