Kerakoll plans investment in UK with Tilemaster acquisition
Tilemaster Adhesives has been acquired by Kerakoll, an Italian manufacturer of green construction solutions. Tilemaster’s management will remain in place and continue business as usual. The acquisition establishes Kerakoll as a market leader in the UK tiling and flooring industry and provides it with a platform for further expansion. Over the coming years the company intends to invest £30m to expand its product plant in Leyland and identify an additional production site, as well as construct a new research and development centre.