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italtile At a glance

Italtile is a leading retailer of tiles, bathroomware and related products. The Group operates as a national franchisor of its three high profile retail brands, Italtile Retail, CTM and TopT. The retail operations are underpinned by an extensive property portfolio and a vertically integrated supply chain comprising International Tap Distributors (an importer and distributor of brassware and accessories), and Cedar Point, (an importer of shower enclosures, laminated boards, cabinets, sanitaryware, décor and tiling tools). The Group holds controlling interests in both businesses.

Effective 2 October 2017, the Group acquired a 95.47% stake in Ceramic Industries, the leading manufacturer of glazed porcelain floor tiles, ceramic wall and floor tiles, vitreous china sanitaryware and acrylic baths and shower trays. Following the acquisition, the Group now also holds a 71.54% in Ezee Tile, a manufacturer of grout, adhesives, paint, and related products.

Retail operation

The Group is represented via a national network of high profile branded retail outlets comprising:

Click or tap on logo for more detail

Italtile CTM topT

Founded in 1969, this brand is widely acknowledged as a style icon in the premium home-improvement market. As a leading fashion retailer of exclusive international and local ranges of tiles, bathware and related products, Italtile Retail offers a luxurious shopping experience for both residential and commercial clients.

For more about Italtile Retail go to:
www.italtile.co.za

Launched in 1983, CTM is a household name in South Africa, enjoying strong brand affinity based on its reputation for a high quality year-round value offering. Represented by 85 stores in South and East Africa, CTM is the largest specialist tile and bathroom retailer in the country.

For more about CTM go to:
www.ctm.co.za

This brand is a one-stop home finishing supplier of good quality, affordable merchandise and the low-cost leader in its entry-level market segment. Top T has 73 stores in 9 provinces in South Africa and have recently opened their first store in Botswana.

For more about TopT go to:
www.topt.co.za

These stores are situated on high visibility sites and their comprehensive offerings position them as one-stop solution destinations, with ranges including ceramic and porcelain wall and floor tiles, sanitaryware, bathroom furniture, taps, fittings, laminated wooden flooring, home-finishing products and tools.

Supply chain

Retail operations are supported by an integrated supply chain comprising:

Click or tap on logo for more detail

International Tap Distributors (ITD)
(brassware and accessories)

Cedar Point
(tiling tools, laminated boards, cabinets and accessories)

Distribution Centre
(imported product, logistics and warehousing)

Support services

IT, e-Commerce, Human Resources, Finance / Administration

Property investment portfolio

Underpins retail operation by locating stores on high profile easily accessible sites and maintaining and upgrading premises to ensure optimum shopping environment.

Manufacturing operations

Ceramic Industries
This leading manufacturer of glazed porcelain floor tiles, ceramic wall and floor tiles, vitreous china sanitaryware and acrylic baths and showler trays comprises the following operations:

  • South Africa: five tile factories (Gryphon, Vitro, Pegasus, Samca Wall and Samca Floor), one bathroomware factory (Betta) and an acrylic bath and show tray factory (Bettabaths)
  • Australia: one porcelain tile factory, Centaurus

Ezee Tile
This manufacturer of grout, adhesives, paint, and related products comprises eight manufacturing plants in Johannesburg, Durban, Port Elizabeth, Cape Town, Bloemfontein, Windhoek, Mombasa and Mokopane.

Purpose and Mission statement

Italtile seeks to be the leading global retailer in the supply of quality fashionable ceramic and porcelain tiles, sanitaryware and related products, coupled with sound service to meet customers’ expectations. In pursuit of this, the company strives to achieve profit growth to advance the interests of all stakeholders in the organisation and contribute to building a better living environment.

Code of ethics

The Group believes that a productive workplace is characterised by an environment in which service, efficiency and harmonious teamwork relationships are of primary concern to all.

history and milestones

Italtile Ltd founded

Italtile was founded in 1969 by Gianni Ravazzotti, who identified an opportunity in the market, and together with his partners, started importing ceramic tiles from Italy and distributed them through an outlet in Alberton.

Acquisition

Acquisition of Samcatiles (Pty) Ltd – a wall and floor tile manufacturer.

Launch of the first CTM store

CTM

Acquisition

Acquisition of Betta Sanitaryware (Pty) Ltd – a manufacturer of vitreous china sanitaryware.

Acquisition

Acquisition of NCI (Pty) Ltd - a manufacturer of split tiles.

Italtile Ltd listed on JSE

Italtile Ltd lists on the Johannesburg Stock Exchange.

JSE

Disposal of manufacturing operation

Disposal by Italtile of its manufacturing operation to form a new listed company, Ceramic Industries Ltd.

CTM franchising division

Establishment of the CTM franchising division.

CTM

Trading in Australia

Commencement of trading in Australia.

Italtile Australia

Multi-state trading

Multi-state trading presence established in Australia.

Italtile Australia

CTM’s empowered-franchise

Introduction of CTM’s empowered-franchise model.

CTM

R1bn turnover!

Italtile Ltd achieved R1 billion turnover milestone.

First Super-Store

CTM launched its first super-store in Lonehill, Gauteng.

CTM

Joint venture model

Introduction of CTM’s joint-venture model to complement full franchised and empowered-franchise models.

CTM

Acquisition

Acquisition of a controlling interest in International Tap Distributors (Pty) Ltd (ITD), a tap importer and distributor.

ITD

Acquisition

Acquisition of a controlling interest in Earlyworks (Pty) Ltd – an importer and distributor of tiling tools and hardware.

Top T

Launched TopT brand - the Group’s entry-level offering.

topT

Tiling and Plumbing Academy

Launched the Group’s Tiling and Plumbing Academy in Gauteng.

Acquisition

Acquired a minority stake in Ezeetile – a national manufacturer of grout, adhesive and related products.

Ezeetile

Easy style

Launched Easy Style - a private label credit offering

Acquisition

Acquisition of a 20% stake in Ceramic Industries Ltd

Footprint

Footprint

Broad based Black economic empowerment

B-BBEE Certificate

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B-BBEE Compliance Report

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