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In December 2018, Travis Perkins announced plans to sell City Plumbing Supplies and its other plumbing and heating businesses. [24] In October 2019, Travis Perkins announced this decision had been paused. [25] In June 2020, Travis Perkins sought to cut 2,500 jobs under plans to close 165 branches during the COVID-19 pandemic in the United ...
Up to March 2024, Toolstation had continued to grow its UK market share, opening 163 new Toolstation branches between 2020 and 2022, and adding seven more in 2023. However, its mainland Europe stores were doing less well, and Travis Perkins announced Toolstation was quitting France and reviewing its operations in Netherlands and Belgium. [11]
In October 2001, Worldwide Business Information and Market Reports stated that "Having undergone a period of major consolidation, the builders' merchants market is now dominated by Jewson Ltd (owned by Saint-Gobain Building Distribution Ltd), Wolseley and Travis Perkins... These top three companies each have total sales of over £1bn."
The construction supplies business saw sales jump 24% and recorded profits of £305.6m despite inflation and supply chain problems.
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The builders’ merchant said the moves came in response to a slowdown in the wider housing market and surging cost inflation.
In December 2004, Focus Group sold Wickes to Travis Perkins. [9] The sale was completed in February 2005. [10] Wickes acquired seven stores from a struggling Focus DIY in October 2007, after Cerberus Capital took it over in June 2007 for £1; these stores were in Glossop, Mansfield, Penrith, Bulwell, Plumstead, Dumfries and Hereford. [11]
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