Flooring distributor sold to Scottish counterpart

Nottingham floor covering distributor T&R Floor Covering Distributors Limited has been sold to TradeChoice Carpet & Flooring in a deal advised by PKF Smith Cooper.

T&R Floor Covering Distributors Limited, a family-run, independent business with over 35 years’ experience in the carpet and flooring industry, was sold to TradeChoice, with the deal furthering the latter’s growth plans within the Midlands and providing more efficient transport and storage options for the wider company.

David Crump, Corporate Finance Director at PKF Smith Cooper, led the advisory team on the deal, said: “We are delighted to have been able to support the shareholders of T&R Floor Covering Distributors Limited in concluding the deal. As a fellow major distributor in the UK carpet and flooring industry, TradeChoice was a great synergistic fit and the ideal candidate for acquiring the company. We wish the shareholders all the best in their future endeavours.”

Malcolm Trott, shareholder and managing director, said: “T&R Floor Covering Distributors Limited, a family run business since 1977, sought a successor who shared our unwavering dedication to superior customer service. TradeChoice emerged as the natural choice, renowned for their commitment to excellence.

“Navigating the intricate process of selling our business was unfamiliar territory, but with the invaluable guidance of David Crump and the PKF Smith Cooper team, alongside Thomas Butcher and the Actons Solicitors team, we successfully sealed the deal. Their expertise was pivotal – without them, this transition wouldn’t have been possible.”

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