Catalyst Corporate Finance has advised the shareholders of Interfloor Group, a manufacturer of carpet underlay and related accessories, on the sale of the business to Victoria for £65 million.
Interfloor is one of the UK’s best-known manufacturers of carpet underlay, primarily through the long established brands Treadaire and Duralay, and supplier of related flooring accessories under the Gripperrods and Stikatak brands.
Based in Lancashire, it was created by the merger of Tredaire and Duralay in 2002, with a heritage that dates back to the 1940s.
Since 2005 it has been owned by Milestone Capital Partners, Hutton Collins Capital and members of the management team.
Steve Currie, partner at Catalyst Corporate Finance who led the deal with Tom Cowap, said: “We are delighted to have been involved in such a highly successful transaction.
“As well as being a positive result for the shareholders of Interfloor and Victoria, the integration of Interfloor into the Victoria group will offer great opportunities for customers, suppliers and employees of the enlarged business.”
