RCS - Frontier IP Group - Topps Tiles launches Alusid’s Mas floor tiles

Frontier IPAnnouncement

18/02/2025 07:15

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RNS Number : 4198X  Frontier IP Group plc  18 February 2025

Reach - a non-regulatory announcement

AIM: FIPP

18 February 2025

 

Frontier IP Group Plc

("Frontier IP" or the "Group")

 

 

Portfolio news - Topps Tiles launches Alusid's Mas floor tiles

 

 

 

Frontier IP, a specialist in commercialising intellectual property, today
announces that Topps Tiles plc (or "Topps"), the UK's no.1 tile specialist,
has launched portfolio company Alusid's (or the "Company") mass-produced floor
tile range Mas through its nationwide Topps Tiles retail chain.

 

Mas is the second Alusid-made range to be launched by Topps and follows its
successful introduction through Topps' commercial arm Parkside Architectural
Tiles. Frontier IP holds a 35.4 per cent stake in Alusid.

 

The European Commission has estimated that the ceramic tile industry creates
up to 3 million tonnes of waste and emits 190 million tonnes of carbon dioxide
equivalents each year. Alusid is addressing the problem by making tiles from
recycled materials that use less energy and water to make than conventional
tiles.

 

Mas is composed of between 95% to 98.5% recycled industrial waste, depending
on the colour. According to Alusid's third-party verified Environmental
Product Declaration (EPD), Mas reduces carbon emissions by 51% and water use
by 44% compared to standard tiles produced in Spain, a global leader in
ceramic tile manufacturing. This makes Mas the lowest-carbon tile range in the
Topps Tiles portfolio.

 

The tiles are Alusid's first range that can be used as floor tiles, and come
in two different sizes and four colours - grey, sand, red and charcoal. The
range was a finalist in the Product of the Year, Surfaces category at the
prestigious Mix Awards North event held late in 2024. Mas was also a finalist
in the Interior product of the year at the Surface Design Show awards this
year, 2025. Topps launched Alusid's Principle wall tile range in 2023.

 

The Mas launch follows Alusid signing its first international distribution
agreement with Dutch sustainable building materials firm FRONT Materials BV.
The Company continues to explore its options for an initial public offering,
subject to market conditions.

 

As well as Topps, Alusid's customers include Starbucks EMEA, Amazon, Nando's,
Pret A Manger, Selfridges, Harrods and the BBC.

 

 

Tim Tatlock, Group buying Director, Topps Group, said: "We are delighted to
strengthen even further our partnership with Alusid and bring the Mas range to
our broad customer base. Mas offers a beautiful, high-quality floor tile that
supports our aims to be carbon neutral in 2030 and environmental leaders in
our sector. With its impressive environmental credentials and stylish design,
we believe Mas will be a fantastic addition to our product portfolio."

 

Alasdair Bremner, Alusid's CEO, said: "We're incredibly proud of Mas, not just
for its beauty but for its outstanding sustainability credentials. With floor
tiles accounting for around 60% of the UK tile market, bringing this product
to retail customers through our partnership with Topps Tiles marks another
major milestone for Alusid"

 

 

Frontier IP Chief Executive Neil Crabb said: "I am delighted with the progress
Alusid is making. The launch of Mas through Topps is another important stage
in the Company's development, building on existing relationships with the
retailer and Starbucks EMEA, as well as the recent agreement with FRONT
Materials. We are very much looking forward to supporting the company as it
continues to mature."

 

ENQUIRIES

 

 Frontier IP Group Plc                                                  T: 020 7332 2338
 Neil Crabb, Chief Executive                                            neil@frontierip.co.uk

 Andrew Johnson, Communications & Investor Relations                    M: 07464 546 025

 Company website: www.frontierip.co.uk (http://www.frontierip.co.uk/)
 Allenby Capital Limited (Nominated Adviser)                            T: 0203 328 5656

 Nick Athanas / George Payne

ABOUT ALUSID

Alusid creates beautiful, premium-quality tiles and architectural surfaces by
recycling industrial waste ceramics, glass and other materials much of which
would otherwise end up in landfill.

 

The company's Sustainable Tile ranges are distributed in the UK by Topps Tiles
and Parkside Architectural Tiles.  Its products have garnered widespread
industry acclaim and have won multiple awards over the years. Their Principle
range was named wall tile of the year at The Tile Association's Awards in
2024. The Mas floor tile range, launched last year, has been shortlisted for
Interior Surface of the Year at the Surface Design Awards 2025 to be announced
in February 2025.

 

As well as Topps Tiles plc and Starbucks EMEA, Alusid's customers also include
Amazon, Nando's, Pret A Manger, Selfridges, Harrods and the BBC.

 

EPD data for Alusid Mas https://www.environdec.com/library/epd16213
(https://www.environdec.com/library/epd16213)

 

 

ABOUT TOPPS TILES PLC

Marrying stylish tiles with excellent customer service, Topps Tiles is the
UK's number one tile specialist, with more than 300 stores across the UK and
at toppstiles.co.uk. Inspiring customers with their love of tiles for over 60
years, they have introduced further surface covering products from kitchen
splash backs, shower and acoustic wall panels to LVT flooring.

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