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By 2002 the chain had grown to over 450 stores following several buyouts including the Wickes DIY chain. Archer and his partners received over £650 million from the sale of Wickes in 2005. When his core Focus business was in financial difficulty, US private equity firm Cerberus Capital Management bought Focus for £1 in June 2007. Cerberus ...
In the United Kingdom, hardware stores can be known as ironmongers, DIY stores and home improvement stores. British retail chains include B&Q, Homebase, and Wickes. Australian hardware chain Bunnings opened their first shop in St Albans in February 2017 and planned to convert several other Homebase shops into pilot Bunnings shops after ...
Wickes Group plc trading as Wickes is a home improvement retailer and garden centre, based in the United Kingdom with more than 230 stores throughout the country. Its main business is the sale of supplies and materials, for homeowners and the building trade. [2] It is listed on the London Stock Exchange.
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The jobbing builder market was lost to the new UK Wickes chain. Following poor trading, WH Smith extricated itself from the merger and then Boots sold Do It All to Focus DIY in 1998. The Focus group retained some of the Payless own-brand ranges and successfully bought up Wickes - later selling them at a substantial profit to Travis Perkins. [3]
Screwfix Direct Ltd (trading as Screwfix) — is a company that operates a retail store chain, retail website, and mail order catalogue offering building trade tools, accessories, and hardware, DIY and home improvement products, and garden supplies. It is headquartered in Yeovil, Somerset. It was founded in 1979 by Jon Goddard-Watts as the ...
In April 2021 the demerger of Wickes Group plc was completed. [28] In May 2021 the company announced that it had agreed to sell its plumbing and heating businesses to H.I.G. Capital. [29] By 2024, approximately 20% of Travis Perkins revenue came from Toolstation.
In the 1980s, a new workshop building was erected at the rear of the yard behind the Leicester Avenue garage. In the early 1990s, the main depot building was demolished and the land was sold. This made way for a new Wickes DIY store. The new workshop, yard and a small section of the old garage building, which contained a bus-wash facility ...