M&A Deal Summary

Victoria Acquires Munster Carpets

On October 3, 2002, Victoria acquired building materials company Munster Carpets

Acquisition Highlights
  • This is Victoria’s 1st transaction in the Building Materials sector.
  • This is Victoria’s 1st transaction in Ireland.

M&A Deal Summary

Date 2002-10-03
Target Munster Carpets
Sector Building Materials
Buyer(s) Victoria
Deal Type Add-on Acquisition

Target

Munster Carpets

Maynooth, Ireland
Munster Carpets Ltd. is a supplier of high quality contract carpeting in the Irish market, specialising in the weaving of both plain and patterned Wilton carpets. Munster has also developed a successful export business supplying the UK contract market, particularly within the London region.

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Buyer(S) 1

Buyer

Victoria

Worcester, United Kingdom

Category Company
Founded 1895
Sector Consumer Products
Employees6,300
Revenue 1.3B GBP (2024)
DESCRIPTION

Victoria is an international manufacturer, supplier and distributor of contemporary design-led carpets, carpet tiles and other floorcoverings, targetting the mid to high-end markets in which we operate. Victoria was founded in 1895 and is based in Worcester, United Kingdom.


DEAL STATS #
Overall 1 of 16
Sector (Building Materials) 1 of 9
Type (Add-on Acquisition) 1 of 15
Country (Ireland) 1 of 2
Year (2002) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-07-23 Navan Carpets

Navan, Ireland

Navan Carpets Ltd. is one of the most respected and long established manufacturers and distributors of leading carpet brands in the Irish residential and contract markets. Within the residential market, the Navan brand is pre-eminent in most retail carpet showrooms with its product brands, Clare, Crown and Yougal having extremely high customer awareness. Navan's reputation for the supply of high quality contract carpeting is also highly renowned both with Ireland and the USA. In addition, Navan is a significant supplier to the hotel sector to such groups as Four Seasons and Jurys.

Buy €2M