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Acquisition of Ashmount Flooring Supplies Limited (‘Ashmount’) based in Tottenham, North London
We are delighted to announce that, on 1 July 2018, Headlam Group plc (‘Headlam’ or the ‘Company’) completed the acquisition of Ashmount Flooring Supplies Limited (‘Ashmount’) located in Tottenham, North London.
Established in 1978, Ashmount is a leading provider of commercial floorcovering products to customers in London and within the M25.
The acquisition expands Headlam’s presence in commercial products in a geographic area in which the Company has historically had a low market share.
Ashmount will continue to be operated under its own trade brand and from its existing premises while being supported by the Company’s distribution network and centralised and financial resources.