Topps Tiles PLC Acquisition of CTD Tiles - CMA update
March 03 2025 - 12:16PM
RNS Regulatory News
RNS Number : 1765Z
Topps Tiles PLC
03 March 2025
3 March 2025
Topps Tiles plc
("Topps Group" or the "Company")
Acquisition of the brand and certain
assets of CTD Tiles - CMA update
Further to its announcement on 17 February
concerning the result of the CMA's Phase I investigation, the
Company is pleased to note that the CMA has approved in principle
its proposed remedies in lieu of a Phase II
investigation.
The Company will continue to work with the CMA
in a constructive and professional manner, as it has done
throughout this process.
For further information please
contact:
Topps Tile
Plc
Rob Parker,
CEO
0116 2828000
Stephen Hopson, CFO
Citigate Dewe
Rogerson
Kevin
Smith
020 7638 9571
Notes to
Editors
Topps Tiles Plc is the UK's largest specialist
supplier of tiles and associated products, targeting the UK
domestic and commercial markets and serving homeowners, trade
customers, architects, designers and contractors from 300
nationwide Topps Tiles stores, a commercial showroom in London and
nine customer-facing websites: www.toppstiles.co.uk,
www.parkside.co.uk,
www.protilertools.co.uk,
www.northantstools.co.uk,
www.premiumtiletrim.co.uk,
www.warmfloorstore.co.uk,
www.flooringmaterials.co.uk,
www.tilewarehouse.co.uk and
www.ctdtiles.co.uk.
Since opening its first store in 1963, Topps has
maintained a simple operating philosophy ‐ inspiring customers with unrivalled
product choice and providing exceptional levels of customer
service. For further information on the Group, please visit
www.toppsgroup.com
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END
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