Add-on Acquisition • Building Materials

Victoria Acquires Munster Carpets

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

Acquisition Context

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

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M&A Deal Summary
Date	October 3, 2002
Target	Munster Carpets
Sector	Building Materials
Buyer(s)	Victoria
Deal Type	Add-on Acquisition

Target Company

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 Overview 1

Buyer

Victoria

Worcester, United Kingdom

Category	Company
Founded	1895
Sector	Consumer Products
Employees	5,600
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 Context for Buyer	#
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

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

Explore Related M&A Activity

Building Materials M&A - Add-on Acquisition M&A Deals - Ireland M&A - 2002 M&A