Womble Bond Dickinson advised Keswick Flooring Ltd on the deal.
Keswick Flooring Ltd, a subsidiary of Europe’s largest retailer of carpets, flooring and beds, Nestware Holdings Ltd, which also operates Carpetright, acquired the business and assets of two companies Flooring Megastore Ltd and Contemporary Trade Flooring Ltd.
Flooring Megastore, a pure play online flooring retailer, launched its website in 2013 and is now one of the largest flooring libraries online in the UK. This is in addition to its purpose built design studio in Aylesford, Kent. The acquisition allows Keswick Flooring to expand its online flooring presence and offering. Contemporary Trade Flooring, launched in 2006, operates a direct to trade customer proposition in the South East of England. This addition will extend Nestware’s reach into the commercial flooring space and offer valuable synergies in buying and channel diversification.
The WBD team advising on the transaction was led by corporate managing associate Stacey Hall with partner expertise from Simon Watts (Picture).
Law Firms: Womble Bond Dickinson;
Clients: Keswick Flooring Ltd;