Yesterday we publicly confirmed Beaumont Tiles' acquisition of Queensland-based tile retailer Majer Tiles; including their six stores, two warehouses, and retention of all staff.
With the rebranding of the Majer's tile stores, addition of a new Brisbane warehouse, and massive upgrades to our IT systems, there's a lot of work still to do; but at the moment we're just enjoying the excitement and reveling in some of the positive press the acquisition of Majer Tiles has earned. Here are some of our favourite quotes and articles:
'Adelaide-based Beaumont Tiles has expanded its national footprint following acquisition of the Queensland based tile retailer Majer Tiles.'
The Queensland Times: Beaumont Tiles Buys Queenslands' Majer Stores '"The acquisition will be a catalyst for the opening of a new tile warehouse in Brisbane and a $2 million-plus investment in introducing best of breed IT systems into the business," Mr [Tony] Majer said.'
Beaumont Tiles COO Danny Casey: '"Tony [Majer] is well known throughout the industry and brings a wealth of experience to Beaumont Tiles."'
The Townsville Bulletin: Beaumont Buy-Up Raises Roof on Tile Market The article quotes COO Danny Casey on Beaumont Tiles' plans for further expansion:
'[Casey] said the national tile market was quite fragmented, with opportunities for further acquisitions.'
'"We will continue to look at additional sites that will be franchised and acquisitions of brands and companies with a similar ethos. "There are other opportunities in Queensland but also in... NSW."'
You can read our earlier post about the acquistions here.