Likewise makes final Valley payment

Likewise has hailed early year sales growth as it completes its Valley deal.

The flooring distributor has made the final payment of its acquisition of Valley Wholesale Carpets: £3.855m.

‘Valley has been an excellent acquisition, with the quality of assets acquired plus the positive impact to group profitability and operating cashflow. We thank the management and staff for their contribution in maintaining Valley as an autonomous business,’ says Tony Brewer, Likewise chief executive. 

‘All the acquisitions we have made to date continue to contribute to the success of Likewise Group.

‘While it is very early in the year, trading has commenced positively, and the Likewise Group is extremely well positioned to accelerate growth during 2024.’

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