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Headlam Group PLC Completes Acquisition Of Business And Certain Assets Of Hall's Floorings Limited

Tuesday, 2 Apr 2013 03:30am EDT 

Headlam Group PLC announced that on March 28, it completed the acquisition of the business and certain assets of Hall's Floorings Limited. Hall's Floorings, a distributor of residential floorcovering based in Edmonton, north London, is a supplier to independent floor covering retailers throughout England. Consideration on completion was GBP457,000 with an additional GBP292,000 incurred in settling debt. A further GBP150,000 will be payable following verification of the fair value of assets acquired. The principal logistics of Hall's Floorings has been relocated and is operational from Coleshill distribution centre, with a service centre for customer support established in north London to preserve the autonomy and individual identity of Hall's Floorings. 

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