Carpetright investors yesterday voted through a takeover by backer Meditor.
Almost 80% of investors backed the deal, valuing the embattled floors specialist at £15m.
Meditor already controlled almost a third of Carpetright shares after playing a key role in enabling the business to continue trading as it faced tough conditions following a CVA.
Carpetright chair Bob Ivell said last month that the deal should be supported.
He told investors in November: “We believe the Meditor offer is in the best interests of all stakeholders. While we have made significant progress with our recovery plan, our ability to invest in the future of the business has been constrained against the backdrop of limiting banking covenants and a very challenging consumer market.
“With a recapitalised business and the backing of a committed new owner with the resources to invest in Carpetright for the long term, we will be able to complete our recovery in the private arena and emerge as a stronger business.”
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