Victoria carpets grows through acquisition

Victoria Carpets

Kidderminster-based international carpet and floor covering designers and manufacturers, Victoria Carpets, has acquired Keraben Grupo SA, a substantial European manufacturer of branded floor and wall ceramic tiles, £246.5 million.

Chairman of Victoria, Geoff Wilding, said: “We believe that Keraben is a high-quality addition to the Group, and continues to increase our geographic diversity. Post completion, over 50% of Victoria’s earnings will be generated from outside the UK, continuing our transformation into a genunitely international flooring business.”