Distribution Giant Takes Over KFS
SIG plc, a major European supplier to the construction, building and industrial markets, has acquired Kent Flooring Supplies (KFS) from Faithdean plc.
KFS becomes a wholly owned subsidiary of the FTSE250 European distribution giant, SIG.
Formed in 1983, KFS is a specialist supplier of flooring products into the industry, and operates from Chatham. KFS will be integrated into SIG’s Carpet & Flooring business, which has a nationwide presence in the UK flooring market.
Ian Cartledge, director, KFS comments ‘We are thrilled to be a part of Carpet & Flooring. We’re all very excited by the opportunity of joining a larger, specialist group and the potential for growth.’
Lisa Tomlin, md, Carpet & Flooring adds ‘Having KFS on board will help to broaden our product offer to customers, while enabling us to service the Kent & South East regions through greater geographical coverage. I am delighted to have Ian, Bob Neal and the team on board, and look forward to leveraging the synergies we share.’
Carpet & Flooring adds KFS to its 11 branches and national distribution centre based in the Midlands. www.sigplc.com www.carpetandflooring.co.uk
This article has been reproduced from the Contract Flooring Journal. You can find them at www.contractflooringjournal.co.uk.