LONDON: Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring, has sold Graniser, the Group’s ceramic tile manufacturer based in Izmir, Turkey. Total consideration paid by the buyer, Mr Hasan Akgün, was €36.8 million (£30.9m) paid as to €10.0 million (£8.4 m) cash on completion, plus the assumption of €26.8 million…
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Victoria PLC agrees to acquire Graniser for €8.4 million
LONDON, UK: Victoria PLC announce the further expansion of its existing ceramic tile business and operations, having agreed to acquire Graniser, a mid-market manufacturer and exporter of ceramic tiles based in Izmir, Turkey. Graniser prepares and files audited statutory financial accounts in Turkey, which were audited by Deloitte from 2013 to 2019, with KPMG appointed…