M&A Deal Summary

Victoria Acquires Quest Carpet Manufacturers Pty.

On August 7, 2015, Victoria acquired apparel/textiles company Quest Carpet Manufacturers Pty. for 25M AUD

Acquisition Highlights
  • This is Victoria’s 2nd transaction in the Apparel/Textiles sector.
  • This is Victoria’s 6th largest (disclosed) transaction.
  • This is Victoria’s 1st transaction in Australia.

M&A Deal Summary

Date 2015-08-07
Target Quest Carpet Manufacturers Pty.
Sector Apparel/Textiles
Buyer(s) Victoria
Deal Type Add-on Acquisition
Deal Value 25M AUD

Target

Quest Carpet Manufacturers Pty.

Dandenong, Australia
Quest Carpet Manufacturers Pty. Ltd. is a manufacturer of carpets that are made from nylon, wool and polypropylene.

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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 7 of 16
Sector: Apparel/Textiles M&A 2 of 2
Type: Add-on Acquisition M&A Deals 7 of 15
Country: Australia M&A 1 of 2
Year: 2015 M&A 2 of 3
Size (of disclosed) 6 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-14 Whitestone Weavers

Hartlepool, United Kingdom

Whitestone Weavers Ltd. offer a wide range of high quality, well priced woven and tufted carpets. The business operates in the mid to higher end of the retail market place from its’ new purpose built offices and logistics headquarters. Company designs own Axminster and tufted ranges which are manufactured in state-of-the-art facilities in the UK and Europe. All products use the finest British wool blends and highly advanced production methods, mean that can offer some 650+ different carpet options.

Buy £6M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-23 Interfloor Group

Rossendale, United Kingdom

Interfloor Group Ltd. is a manufactures and suppliers of underlay, flooring accessories and specialised rubber products.

Buy £65M