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Screwfix Direct Limited, trading as Screwfix, is a retailer of trade tools, accessories and hardware products based in the United Kingdom. [6] Founded in 1979 as the Woodscrew Supply Company, the company was acquired in July 1999 by Kingfisher plc , which also owns B&Q , and is listed on the London Stock Exchange .
The business acquired Screwfix in July 1999, which is now the United Kingdom's largest multi channel retailer of trade tools, accessories and hardware products. The company was led from January 1984, until his retirement in December 2002, by Sir Geoffrey Mulcahy.
Toolstation was formed in February 2003 by Mark Goddard-Watts, one of the founding family members of Screwfix Direct. [3] In 2012 Goddard-Watts sold his shares to Travis Perkins plc. [4] [5] [6] A distribution centre in Middleton, Greater Manchester opened in August 2018. [7] In 2019 Toolstation opened their 400th store, in Balham. [8]
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As major cities run short of living space, self-storage boxes are now becoming a relevant service in many parts of the world. The service is particularly attractive to clients because its pick-up services save time and effort for the inhabitants of metropolitan areas such as Hong Kong, New York City, [8] London, [citation needed] and Berlin, but in particular in the Asian world.
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In December 2007, Kingfisher sold its 50 per cent stake in B&Q Taiwan to its joint venture partner. The $106.5 million (£51.6 million) sale, producing a profit of £25 million, was used to reduce debt. [13] In March 2009, B&Q closed 22 of its then 63 shops in China, blaming the housing slump. [21]
A toolbox could refer to several types of storage to hold tools. It could mean a small portable box that can carry a few tools to a project location or a large storage system set on casters. [1] Modern toolboxes are predominantly metal or plastic. Wood was the material of choice for toolboxes built beginning in the early 19th century.
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