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Tile Deal Could Lead To Worse Deals And Service For Home Renovators And Tradespeople In 4 Local Areas
The Competition and Markets Authority (CMA) has found that Topps Tiles’ £9 million purchase of 30 CTD Tiles stores raises competition concerns in 4 areas of the United Kingdom.
Topps Tiles is the biggest specialist tile retailer in the UK. Before entering administration in August 2024, CTD was the second largest specialist tile retailer in the UK. As part of the deal Topps Tiles acquired 30 stores, as well as supporting infrastructure such as stock and all related intellectual property for CTD Tiles, CTD Architectural, and CTD Housebuilders.
Following completion of the deal the CMA received several complaints, which included concerns relating to how the deal impacted businesses and retail customers in specific areas of the country. Following a Phase 1 investigation, the CMA found that a small number...
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The CMA has found that Topps Tiles’ acquisition of CTD Tiles could reduce competitive deals and product choice for customers and businesses in parts of England and Scotland
The Competition and Markets Authority (CMA) has found that Topps Tiles’ £9 million purchase of 30 CTD Tiles stores raises competition concerns in 4 areas of the United Kingdom.
Topps Tiles is the biggest specialist tile retailer in the UK. Before entering administration in August 2024, CTD was the second largest specialist tile retailer in the UK. As part of the deal Topps Tiles acquired 30 stores, as well as supporting infrastructure such as stock and all related intellectual property for CTD Tiles, CTD Architectural, and CTD Housebuilders.
Following completion of the deal the CMA received several complaints, which included concerns relating to how the deal impacted businesses and retail customers in specific areas of the country. Following a Phase 1 investigation, the CMA found that a small number...
Read more
The rest of this thread about "Tile Deal Could Lead To Worse Deals And Service For Home Renovators And Tradespeople In 4 Local Areas" is available by clicking here
RSS fed thread from Tilers Talk | Tile Bulletin Board
Tiling Forum for UK
