At Risk of Administration CTD Tiles Now Seeks Buyer - From TTA
According to Sky News, CTD Tiles is on the brink of administration and reportedly filed a notice of intention to appoint administrators on Monday 5th August. This provides ten days of security to find a buyer before CTD Tiles officially heads into administration.
The company was acquired by former Body Shop owner Aurelius in 2022 and now trades from 87 stores and employs about 400 people, sadly whose jobs are potentially at risk.
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Discussions are said to have taken place between Aurelius and key stakeholders in recent months. The identity of prospective buyers is currently unclear.
Edited by Dan to add this link.
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According to Sky News, CTD Tiles is on the brink of administration and reportedly filed a notice of intention to appoint administrators on Monday 5th August. This provides ten days of security to find a buyer before CTD Tiles officially heads into administration.
The company was acquired by former Body Shop owner Aurelius in 2022 and now trades from 87 stores and employs about 400 people, sadly whose jobs are potentially at risk.
CTD Tiles in Adminstration | Stiled, Topps, Buy
Find 53 out of 86 CTD Stores Will Remain Open Advice and Help. How-to 53 out of 86 CTD Stores Will Remain Open in the Tiling News; Tile News advice boards on Tiling Advice | TilersForums.com. 53 out of 86 CTD Stores Will Remain Open on TilersForums.com Tiling Advice Forum.
www.tilersforums.com
Discussions are said to have taken place between Aurelius and key stakeholders in recent months. The identity of prospective buyers is currently unclear.
Edited by Dan to add this link.
Nigel Peacock on LinkedIn: Why Work At Tile Giant?
To the CTD Tiles Team, We know that yesterday brought some difficult news with the closing of 56 stores, and our hearts go out to all of you who have been…
www.linkedin.com
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At Risk of Administration CTD Tiles Now Seeks Buyer - To continue reading...
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