KAJARIA CERAMICS ACQUIRES 7 CTD STORES
India’s largest tile manufacturer Kajaria Ceramics has completed a £400,000 deal to acquire seven new UK stores after CTD fell into administration in August 2024.
The deal will see Kajaria UKP JV take ownership of stores in Brierley Hill, Chester, Colchester, Coventry, Croydon, Derby and Northampton. The company hopes to retain as many of the original workforce as possible across the newly acquired stores.
Kajaria has an annual production capacity of 93.1 million square metres. The company already has a dedicated flagship tile showroom in Park Royal, London, W3 ORU, which at 14,000 square metres, is also the largest of its kind in the UK.
By expanding its UK portfolio with the acquisition of seven regional stores, the company is looking to make further inroads with specialist contractors and architects by providing an extensive range of ceramic and vitrified tiles and slabs for both – indoor and outdoor for use in the residential and commercial sectors.
Damian Hunter, Kajaria UKP’s sales director said: “We are looking forward to growing our network of UK branches following the acquisition of several CTD Tiles stores and also growing our team with the welcome addition of new colleagues. As well as focusing on meeting the needs of our customers both on a national and regional level, we are also hoping to support and reconnect with as many suppliers who have been affected by CTD Tiles’ fall into administration as possible.”