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Pre-pack shrinks Tile Giant stores

Tile Giant has sold off and closed stores as part of a pre-pack administration.

Former Topp Tiles chief executive Matt Williams has bought 56 of Tile Giant’s stores and its brand through the fast-track insolvency.

Aurelius, the private equity firm, has taken on 13 of the company’s stores as part of the deal to add to its Ceramic Tiles business.

However, a group of 13 stores are set to close as part of the administration.

The Times (£)

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