Birketts advises Total Tiles in £6m sale to CMOstores.com
Law firm Birketts has advised the shareholders of Total Tiles Limited, Andy Moore and his team, on a £6 million sale to the CMOstores.com group which specialises in online stores delivering building supplies.
Partner Mark Pinder and legal director Nick Burt led the acquisition, with support from solicitors Grace Shek and Simona Gruodyte and secretary Gabriella Szabo (Corporate).
Further assistance was provided by Karl Pocock (Tax), Jeremy Stanton (Property), Kitty Rosser (Data Protection) and Rosanna Clarke (Property).
Based in Ipswich, Total Tiles was established in November 2006 and has grown to having combined storage facilities of over 62000ft² over two warehouses holding over 250000m² of bathroom tiles, kitchen tiles, floor tiles, wall tiles and underfloor heating available online for home delivery across the UK.
Mark Pinder for Birketts, said: “This acquisition is excellent news for both Total Tiles and CMOstores.com and we wish them the best for the future. Our team of corporate lawyers advise companies across a wide range of sectors, from startups to established corporations and are equipped with the expertise and experience for sales such as these.
“The additional support available from our colleagues across Birketts means we can prepare for every scenario.”
CMOstores.com was advised by Sean Fitzgerald, Rachel Clarkson and Hollie Wash from Ward Hadaway.