Travis Perkins

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Travis Perkins plc
Public
Traded as LSE: TPK
OTCQX: TPRKY
Industry Business-to-business, Retail
Founded 1988, through merger between Travis & Arnold & Sandell Perkins
Headquarters Northampton, United Kingdom
Area served
 United Kingdom
Key people
 Robert Walker (Chairman)
John Carter (CEO)
Products Building and home improvement materials, tool hire
Revenue £5,580.7 million (2014)[1]
£366.4 million (2014)[1]
£258.7 million (2014)[1]
Number of employees
 circa 24,000 (2013)
Subsidiaries Wickes Toolstation Keyline
Website www.travisperkinsplc.co.uk
A Travis Perkins lorry unloading in London.

Travis Perkins plc is a British builders' merchant and home improvement retailer based in Northampton. It operates 1,900 outlets, and has more than 24,000 employees in the United Kingdom & Ireland. Travis Perkins plc is listed on the London Stock Exchange and is part of the FTSE 100.

History

The company began in 1797, when the Benjamin Ingram company of joiners and carpenters was founded.[2] Benjamin Ingram subsequently merged with Perkins to become Ingram Perkins.[3]

Ingram Perkins then merged with Sandell Smythe & Drayson in 1970 to form Sandell Perkins.[4] Sandell Perkins was first listed on the London Stock Exchange in 1986, shortly before it merged with Travis & Arnold in 1988 to form Travis Perkins.[2]

Subsequent acquisitions have included AAH (46 branches) in 1994,[2] BMSS (26 branches) in 1996,[2] Keyline Builders Merchants (101 branches)[5] and Sharpe & Fisher (38 branches) in 1998,[2] Broombys Limited (9 branches) in 2000,[6] City Plumbing Supplies Limited (48 branches)[7] and Commercial Ceiling Factors (20 distribution centres) in 2002,[8] Jayhard (53 branches)[9] and B&G (12 branches) in 2003,[10] Wickes (171 stores) in December 2004[11] and Tile Giant in November 2007.[12]

In May 2008, Travis Perkins invested in online marketplace between tradesmen and homeowners, MyBuilder.[13] In May 2010, Travis Perkins made a successful offer to acquire BSS Group for £553M[14] and then acquired the remaining 70% stake in Toolstation in January 2012[15] and the whole of Solfex in January 2013.[16]

Operations

The company's product lines include general building materials, kitchens and bathrooms, hand and power tools, landscaping materials, painting and decorating materials, timber and joists. The company is structured around four divisions and 17 businesses:[17]

General Merchanting

  • Travis Perkins - general builders' merchant
  • Benchmarx - trade supplier of kitchens and joinery

Contract Merchanting

  • BSS - specialist distributor of heating, ventilation, tools, pipeline
  • CCF - distributor of insulation, dry-lining, partitioning
  • Keyline - heavyside and civils merchant

Plumbing & Heating

  • Plumbing Trade Supplies (PTS) - bathroom, heating and plumbing products to trade and public
  • Direct Heating Spares (DHS) - heating spares
  • City Plumbing Supplies (CPS) - specialists in quality plumbing and heating supplies to the trade and public
  • Connections - distributor of plumbing and heating products
  • City Heating Spares (CHS) - heating spares
  • F & P Wholesale - plumbing and heating supplies
  • SBS - Sustainable Building Solutions
  • Birchwood Price Tools - wholesaler of power tools, hand tools and site equipment, including clothing brand, Scruffs

Consumer

  • Wickes - home improvement stores
  • Toolstation - direct sale and online supplier of trade tools, accessories and hardware products
  • Tile Giant - tile and ceramics merchant

References

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  2. ↑ 2.0 2.1 2.2 2.3 2.4 Lua error in package.lua at line 80: module 'strict' not found.
  3. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  4. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  5. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  6. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  7. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  8. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  9. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  10. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  11. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  12. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  13. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  14. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  15. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  16. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  17. ↑ Travis Perkins: Our businesses

External links

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