Background
National Floorcoverings Group is a prominent UK manufacturer of textile floor coverings and sports surfaces, with a history spanning over 60 years. The company operates from two primary locations in Yorkshire: Liversedge and Rotherham.
Deal Summary
In September 2024, pan-European private equity firm Nimbus acquired National Floorcoverings Group, a Yorkshire-based manufacturer of textile floor coverings and sports surfaces. The transaction required a specialist buyer capable of taking on a complex asset spread across two manufacturing locations. This acquisition marked Nimbus's first UK investment from its Fund V investment vehicle
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