Topps Tiles’ acquisition of 30 stores from rival CTD Tiles has come under scrutiny, with concerns that the deal could reduce competition in parts of Scotland and lead to higher prices and poorer service for consumers.
Following an initial investigation, the Competition and Markets Authority (CMA) identified potential issues in Edinburgh, Aberdeen, and Inverness, as well as Dorking in England. It warned that a reduction in competition in these areas could negatively impact both retail and trade customers seeking tiling products.
The watchdog launched its inquiry after receiving complaints from businesses and consumers about the impact of the deal, which was completed in August 2024 after CTD Tiles went into administration.
Joel Bamford, CMA’s executive director for mergers, stated: “This loss of competition could lead to worse deals and service in those areas. Whether you’re retiling your own home or a business providing renovation services, the merger could make such projects more expensive.”
Topps Tiles, which operates 370 stores across the UK, has until 24 February to address the CMA’s concerns and propose solutions. If the regulator remains unconvinced, the case could proceed to a more detailed investigation.
In response, Topps Tiles said it “will continue to work with the CMA in a constructive and professional manner, as it has done throughout this process.”
