Carpet company makes £86m European acquisition
Victoria has continued its "transformation into a genuinely international flooring business" with the £86m purchase of Spanish tile manufacturer Cerámica Saloni.
The deal follows a £10m investment last year by Victoria acquiring two companies in Holland, Avalon and GrassInc, that produce artificial grass.
More than 65% of Victoria's revenues will come from international sales once the agreement to buy Cerámica Saloni (Saloni) from Obinesa Grupo Industrial is completed.
Kidderminster-based Victoria, which has a major manu... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
