Kidderminster carpet firm expands in £400,000 takeover
- 12 September 2011
- From the section Hereford & Worcester
A Worcestershire-based carpet firm is taking over a Devon luxury flooring firm in a £400,000 deal.
Victoria Carpets in Kidderminster will pay another £50,000 for C&H, near Exeter, if it achieves its sales targets.
Alan Bullock, the managing director of Victoria Carpets, said the company is planning to create a new luxury flooring division.
Victoria Carpets employs 300 people and will take on the eight employed at C&H.