Al-Murad acquires British Ceramic Tile

Intellectual property assets bought by independent tile and stone importer and retailer

22 Aug, 19

British Ceramic Tile intellectual property assets have been acquired by independent ceramic tile and natural stone importer and retailer Al-Murad.

British Ceramic Tiles acquired by Al-Murad

 

It includes the British Ceramic Tile and National Tile Week brands, along with the company’s website, social media channels and product designs.

Based in Leeds with a showroom and distribution centre, Al-Murad operates around 70 stores and franchises across the UK.

Boasting a 120,000sqft warehouse it stock over 10million tiles.

Al Murad’s operations manager Asif Badat said: “British Ceramic Tile is recognised as a leading ceramic wall and floor tiles brand globally, known for innovative British design-led products.

“We were determined to keep the brand in Britain. Following this acquisition, we are stronger positioned to provide not only our existing customers but now also ex-BCT customers with a wide range of creative, unique and high quality tiles which are sourced globally at very competitive prices.”

Over 300 people lost their jobs when British Ceramic Tile collapsed into administration and stopped trading in January 2019.

The Devon-based company made wall and floor tiles spanning  ceramic, porcelain, natural stone and glass.

Hilco Streambank was appointed to sell the intelletual property assets by Anthony Wright, Alistair Massey and Andrew Sheridan of FRP Advisory LLP, the joint administators of British Ceramic Tile.