Nottingham flooring firm sold to Scottish counterpart

Nottingham-based T&R Floor Covering Distributors has been sold to TradeChoice Carpet & Flooring in a deal advised by PKF Smith Cooper.

T&R Floor Covering Distributors is a family-run business with over 45 years’ experience in the carpet and flooring industry.

A member of the Carpetright group, TradeChoice Carpet & Flooring is a major carpet and flooring distributor in the UK with 13 branches across England, Wales and Scotland.

David Crump, corporate finance director at PKF Smith Cooper, led the advisory team for T&R Floor Covering Distributors on the deal, while Actons Solicitors provided legal advice.

Malcolm Trott, shareholder and managing director,said: “We 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.”

Crump said: “We are delighted to have been able to support the shareholders of T&R Floor Covering Distributors 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.”

Butcher said: “It has been a pleasure to assist Malcolm and family on the sale of their family-run business to TradeChoice. Having been in their family for over 40 years, it was of clear importance that they found a buyer who shares a clear vision for the future success of T&R. We wish Malcolm and family, together with TradeChoice, all the very best for the future.”