HEADLAM GROUP PLC

Description

Headlam Group plc is a UK-based leading floor coverings distributor. It markets and supplies a wide variety of floorcovering products, majorly to small flooring contractors and independent retailers of floorcoverings. It also supplies its products and services to larger retailers, house builders, specifiers, and local authorities. It was founded in the year 1992 and its headquarters are situated in Birmingham, United Kingdom. It is listed and traded on the London Stock Exchange publicly. It runs 66 businesses and operates across 5 of its segments in Continental Europe and more than 50 segments across the United Kingdom. The facilities and distribution centers of the company are located across Switzerland, France, the Netherlands, and the United Kingdom. Headlam Group plc has many subsidiaries, which include Florprotec Ltd., CECO (Flooring) Limited, LMS S.A., McMillan Flooring Distributors Ltd, Ashmount Flooring Supplies Limited, 3D Flooring Supplies Limited, Flooring Accessories Limited, Betrex Flooring Supplies Ltd., Domus Group of Companies Limited etc.  

The goal of the company is to build a channel between the suppliers of floorcoverings and the trade customers of the same. The customer base of the company is substantial and highly fragmented, so it provides them with a diverse range of products through a cost efficient and effective market route with the help of its distribution expertise. It has individual sales workforce in separate trade brands for all its businesses to maximize the reach among its customers.

The company strives to manufacture and market sustainable products and create long term value for all its stakeholders. It focuses on product differentiation and tries to develop the products according to the specific needs of different customer groups in commercial as well as residential sectors. To increase the convenience and accessibility for its customers, it has a B2B website which helps in enhancing the e-commerce support provided by the company.

Headlam Group follows a well-defined framework of corporate governance and aligns itself with an ethical code of conduct for running its business operations. It has set up separate committees for audit, remuneration and nomination. It has a comprehensive ESG framework in place and fulfils all its environmental and social responsibilities in addition to its corporate responsibilities. It aims to reduce the greenhouse gas emissions from its business activities, while ensuring that the cost of capital does not increase due to aligning with the ESG objectives. The company is engaging in environment friendly transport projects, various activities for energy saving, recycling of plastics etc. It is committed to create a sustainable value chain and positively impact the people and the planet.