Sunday, April 14, 2024

Nottingham floor covering distributors sold

Nottingham-based T&R Floor Covering Distributors Limited, one of the UK’s leading floor covering distributors, has been sold to TradeChoice Carpet & Flooring.

T&R Floor Covering Distributors Limited is a family-run, independent business situated in the Midlands with over 35 years’ experience in the carpet and flooring industry.

A member of the Carpetright group, TradeChoice Carpet & Flooring is a major carpet and flooring distributor in the UK with 13 branches across England, Wales and Scotland. The acquisition of T&R Floor Covering Distributors Limited furthers TradeChoice’s growth plans within the Midlands and provides more efficient transport and storage options for the wider company.

David Crump, Corporate Finance Director at PKF Smith Cooper, led the advisory team for T&R Floor Covering Distributors Limited on the deal, while Actons Solicitors provided legal advice.

Malcolm Trott, shareholder and managing director, commenting on the deal, said: “T&R Floor Covering Distributors Limited, a family run business since 1977, sought a successor who shared our unwavering dedication to superior customer service. TradeChoice emerged as the natural choice, renowned for their commitment to excellence.

“Navigating the intricate process of selling our business was unfamiliar territory, but with the invaluable guidance of David Crump and the PKF Smith Cooper team, alongside Thomas Butcher and the Actons Solicitors team, we successfully sealed the deal. Their expertise was pivotal – without them, this transition wouldn’t have been possible.”

David said: “We are delighted to have been able to support the shareholders of T&R Floor Covering Distributors Limited in concluding the deal. As a fellow major distributor in the UK carpet and flooring industry, TradeChoice was a great synergistic fit and the ideal candidate for acquiring the company. We wish the shareholders all the best in their future endeavours.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.









Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close