Topps Tiles acquires 60% shares in Pro Tiler Ltd for £5.3 million

LONDON, UK: Topps Tiles, the UK’s leading tile specialist, announced the acquisition of 60% of the issued share capital of Pro Tiler Ltd, an online specialist supplier of tiling-related consumables and equipment to trade customers. Consideration of £5.3 million (plus a £0.3 million closing adjustment) was paid in cash on completion of the Initial Acquisition…