Tilemaster bought out by kerakoll

[Dan]

Kerakoll uk, is a subsidiary of
Kerakoll italy. ( headquarters).

Milestones - http://www.kerakoll.com/en/company/milestones

So is it Kerakoll Italy that has purchased Tilemaster?

 

[Italy]

So is it Kerakoll Italy that has purchased Tilemaster?

yes, dan.

 

[Italy]

yes, dan.

For example, peugeot buys opel.
French peugeot, buy German opel. (Is German opel?)
no German subsidiary Peugeot, buy Opel.
But I, must I explain these things to you? 😉

 

[man of kent]

It's a big market in the U.K.!

That's what every European adhesive manufacturer thinks.
Remember PCI? 3 attempts and backed out.

 

[Italy]

but still no one has explained to me the reason for this operation............

 

[WetSaw]

but still no one has explained to me the reason for this operation............

Brexit!

 

[Flintstone]

but still no one has explained to me the reason for this operation............

To allow tilemaster to grow, I think they needed financial input

 

[Italy]

To allow tilemaster to grow, I think they needed financial input

almost....
And a kerakoll?

 

[Italy]

but think also
That with time, will still remain the brand tilemaster?

 

[Flintstone]

Kerakoll are small in the U.K. So for them to own tilemaster, makes them money