The management of Johnsons Tiles Limited agreed to acquire Johnsons Tiles Limited from Norcros plc (LSE:NXR) in a management buyout transaction for £1 million on April 25, 2024. Consideration for the sale will be £1 million, with a further modest earn out being dependent on the future equity value of the business, with both payable in April 2028. The transaction is expected to close in May 2024.

The management of Johnsons Tiles Limited completed the acquisition of Johnsons Tiles Limited from Norcros plc (LSE:NXR) in a management buyout transaction on May 19, 2024.