Italtile Limited is the leading South African retailer of imported and local ceramic tiles, sanitaryware, bathroom accessories and other related products. The group is one of the largest purchasers of ceramic tiles in the world.

The group trades through two branded national retail chains, Italtile and CTM, each focused into a specific market segment, and supported by specialist service departments.

Italtile Limited operates in Southern Africa through 95 stores comprising 7 Italtile stores, 80 CTM stores and 8 Top T stores. The group is positioned as a major franchisor, focused on streamlining the parent operation while growing market share and fostering entrepreneurial opportunities through their franchise programme.

The group commenced trading in Sydney, Australia in 1998 and now operates 9 outlets across Queensland and New South Wales.

Brand Profile

The Italtile brand is positioned as a fashion leader in the retail of ceramic tiles, offering a wide product range of uncompromising quality at accessible prices.

CTM is the cash-and-carry chain of retail outlets in the Italtile stable, offering a value priced range of product to the trade and do-it-yourself market.

Background Information

Italtile was founded 40 years ago, and was listed on the Industrial Building and Construction sector of the Johannesburg Stock Exchange on 8 August 1988.

Following a phase of rapid growth in the late 1980s and early 1990s, which resulted in the broadening of its production base, Italtile separated its manufacturing and retailing operations into two separate focused listed companies.

With effect from 31 August 1991, Italtile disposed of its ceramic manufacturing operation to Ceramic Industries Limited. Shares acquired in terms of the restructure were distributed to the shareholders to hold investments in two clearly focused listed companies. 1992 saw the commencement of the company's CTM franchising operation. In 1994, the company transferred its listing from the Building and Construction sector to the Stores sector of the Johannesburg Stock Exchange, to align the listing with the group's core business activity. In 1998 Italtile established an international presence, with the company's expansion into Australia.

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