Topps Tiles Completes CTD Acquisition Amid CMA Approval

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Topps Tiles Completes CTD Acquisition Amid CMA Approval

The latest announcement is out from Topps Tiles ( (GB:TPT) ).

Topps Tiles announced the completion of its acquisition of CTD Tiles’ brand and assets, with the UK’s Competition and Markets Authority (CMA) finding no major competition concerns post-review. While the CMA identified potential issues in four localities, Topps Tiles is addressing these through proposed remedies, ensuring smooth continuation of its operations.

More about Topps Tiles

Topps Tiles Plc is the UK’s largest specialist supplier of tiles and associated products, catering to both domestic and commercial markets. The company serves a broad range of clients including homeowners, trade customers, architects, designers, and contractors through its extensive network of 300 stores across the UK, a commercial showroom in London, and several online platforms.

YTD Price Performance: -7.89%

Average Trading Volume: 202,357

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £68.84M

See more data about TPT stock on TipRanks’ Stock Analysis page.

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