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Acquisition – Suntups now in fold

by Darren
Acquisition Jnl713

Accéntuate subsidiary FloorworX Africa (Pty) Ltd has announced its ± R10-million acquisition of Suntups Wooden Flooring (Pty) Ltd, a privately owned business with a well-established customer base specialising in solid wood flooring, engineered single-plank wood flooring and decking.

The acquisition contract is effective 01 September 2013 with final ratification by the board on 25 September. Signatories to the acquisition include the three directors of Suntups, namely Steven Suntup, Ian Fuller and Mike Rosengarten, along with FloorworX managing director Dr Donald Platt.

“Suntups will benefit the entire Accéntuate group,” said Dr Platt, “and will not only help FloorworX double its wood and laminate product turnover, but also continue its growth as a one-stop flooring solutions provider.”

Other agencies owned by Suntups include Elastilon and Camo. Each agency in the Suntups family will continue to operate under its original brand name.

This new acquisition will bring about the following changes: Steven Suntup and nine of his staff members will join FloorworX with immediate effect; Suntups staff will relocate to the FloorworX Wood & Laminate Division by 01 May 2014 upon completion of the extension of its Steeledale warehouse by more than double its current size.

In the meantime, Suntups staff will continue trading from their National Sales Office in Heriotdale Industrial Park, Johannesburg. All product orders may therefore still be directed to the Suntups Call Centre on telephone line 0861 833 338.

For more information regarding FloorworX’s wood and laminate portfolio, contact Peter Geyer on 011 406 4291.

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