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  5. Victoria Acquires Navan Carpets

M&A Deal Summary

Victoria Acquires Navan Carpets

On July 23, 2003, Victoria acquired building materials company Navan Carpets for 2M EUR

Acquisition Highlights
  • This is Victoria’s 2nd transaction in the Building Materials sector.
  • This is Victoria’s 10th largest (disclosed) transaction.
  • This is Victoria’s 2nd transaction in Ireland.

M&A Deal Summary
Date 2003-07-23
Target Navan Carpets
Sector Building Materials
Buyer(s) Victoria
Deal Type Add-on Acquisition
Deal Value 2M EUR

Target

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.

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Buyer(S) 1

Buyer

Victoria

Worcester, United Kingdom
Category Company
Founded 1895
Sector Consumer Products
Employees5,600
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 STATS #
Overall 2 of 16
Sector: Building Materials M&A 2 of 9
Type: Add-on Acquisition M&A Deals 2 of 15
Country: Ireland M&A 2 of 2
Year: 2003 M&A 1 of 1
Size (of disclosed) 10 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-10-03 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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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-12 C&H Distribution

Willand, United Kingdom

C&H Distribution Ltd. is a distributor of luxury vinyl tiles, primarily to the Contract market in the UK. The company offers its products through wholesalers, independent stockists, flooring retailers, and sales agents. The company was incorporated in 2008 and is based in Willand, United Kingdom.

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