A POOLE tiling store has been saved from closure after its company fell into administration. 

CTD Tiles has been forced to shut 56 of its stores across the UK.

Business administrators said 268 workers were made redundant after the collapse.

However, 30 of its shops and two distribution sites were bought in a rescue deal by rival Topps Group.

The Poole store in Sharp Road has been saved from closure by Topps Tiles, another large tiling retailer.

James Lumb, managing director at Interpath Advisory and joint administrator of CTD Tiles, said tough market conditions proved “insurmountable” for the supplier in recent months “as consumer and trade demand failed to recover in line with expectations”.

He said: “Regrettably, the remaining sites have closed, which has resulted in redundancies.

“We are now focused on supporting those staff and have specialist teams on-site working with impacted employees to help make representations to the Redundancy Payments Service where relevant.”

Rob Parker, Topps Group chief executive, said: “The CTD brand and assets are an excellent fit with our existing business and the acquisition creates a new and complementary specialist tile business within the Topps Group.

“CTD operates a different model to our existing Topps Tiles retail stores, with separate trade and retail offers within each unit and a number of market-specific sub-brands which are differentiated from our existing offer.”