Topps Tiles Plc (TPTJF)
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UK's Topps Tiles-CTD Tiles deal may get approval, competition regulator says
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 Tiles gains as £9mln rival acquisition largely clears hurdles
Topps Tiles PLC shares gained on Monday after the retailer's £9 million acquisition of stores from rival CTD Tiles largely cleared regulatory hurdles. Britain's Competition and Markets Authority (CMA) ruled the deal did not raise any concerns in 26 of the 30 locations where it would purchase stores, Topps flagged in an update.
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Topps Tiles Plc Profile
| Home Improvement Retail Industry | Consumer Cyclical Sector | Mr. Robert Parker ACMA CEO | OTC PINK Exchange | GB00B18P5K83 ISIN |
| United Kingdom Country | 1,744 Employees | 6 Jun 2025 Last Dividend | 1 Aug 2006 Last Split | - IPO Date |
Overview
Topps Tiles Plc, founded in 1963 and based in Leicester, the United Kingdom, operates as a prominent player in the retail and wholesale distribution market for ceramic and porcelain tiles, and a variety of related products designed for residential and commercial use. In addition to its core tile business, Topps Tiles has expanded its offerings to include property management and investment activities, as well as the retail and wholesale of wood flooring products. The company boasts a comprehensive online sales platform, further diversifying its sales channels and making its products more accessible to a wider audience. Through its longstanding presence and diversified business activities, Topps Tiles Plc continues to cement its position within the UK market.
Products and Services
- Ceramic and Porcelain Tiles: Topps Tiles specializes in a wide range of ceramic and porcelain tiles, catering to both aesthetic preferences and functional requirements. These tiles are suitable for various applications, including kitchens, bathrooms, and living spaces, as well as commercial settings.
- Natural Stone: For those seeking a more organic or upscale finish, the company offers an assortment of natural stone tiles. These products are prized for their unique textures and patterns, bringing a touch of nature into homes and businesses.
- Wood Flooring Products: Recognizing the enduring popularity of wood flooring, Topps Tiles retails and wholesales an array of wood flooring options. These range from traditional hardwoods to modern engineered wood solutions, catering to diverse tastes and budgetary needs.
- Warehousing Services: Beyond its product offerings, Topps Tiles extends warehousing services to its clients. This facet of the business underscores the company’s commitment to providing comprehensive solutions that address the logistical needs of its customers.
- Online Sales Platform: In an effort to expand its reach and convenience for customers, Topps Tiles sells its products through an online sales platform. This allows for a broader audience to access their products, making shopping for home improvement items more accessible and hassle-free.
- Architectural Ceramic: The sale and distribution of architectural ceramic represent a niche yet significant part of Topps Tiles’ offerings. This caters specifically to the needs of architects and builders looking for high-quality, durable materials for both interior and exterior projects.
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