Travis Perkins

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Travis Perkins plc
Public
Traded as LSETPK
OTCQXTPRKY
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 £6,433.1 million (2017)[1]
£367.8 million (2017)[1]
£234.0 million (2017)[1]
Number of employees
circa 28,000 (2017)[2]
Subsidiaries Wickes Toolstation Keyline City Plumbing BSS PTS
Website www.travisperkinsplc.co.uk
A Travis Perkins lorry unloading in London.
A typical Travis Perkins yard.
The former Ripaults Factory, a grade II listed building in Enfield, taken over by Travis Perkins in 2015.[3]

Travis Perkins plc is a British builders' merchant and home improvement retailer based in Northampton. It operates 1,900 outlets, and has more than 27,000 employees in the United Kingdom & Ireland. Travis Perkins plc is listed on the London Stock Exchange, and is part of the FTSE 250.

History[edit]

The company began in 1797, when the Benjamin Ingram company of joiners and carpenters was founded.[4] Benjamin Ingram subsequently merged with Perkins to become Ingram Perkins.[5]

Ingram Perkins then merged with Sandell Smythe & Drayson in 1970 to form Sandell Perkins.[6] 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.[4]

Subsequent acquisitions have included Sherry & Haycock (Bournemouth), AAH (46 branches) in 1994,[4] BMSS (26 branches) in 1996,[4] Keyline Builders Merchants (101 branches)[7] and Sharpe & Fisher (38 branches) in 1998,[4] Broombys Limited (9 branches) in 2000,[8] City Plumbing Supplies Limited (48 branches)[9] and Commercial Ceiling Factors (20 distribution centres) in 2002,[10] Jayhard (53 branches)[11] and B&G (12 branches) in 2003,[12] Wickes (171 stores) in December 2004[13] and Tile Giant in November 2007.[14]

In May 2008, Travis Perkins invested in online marketplace between tradesmen and homeowners, MyBuilder.[15] In May 2010, Travis Perkins made a successful offer to acquire BSS Group for £553m[16] and then acquired the remaining 70% stake in Toolstation in January 2012[17] and the whole of Solfex in January 2013.[18]

In 2017, then CEO John Carter signed the UK's Armed Forces Covenant

Operations[edit]

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, Tools, Plant & Equipment Hire . The company is structured around four divisions, and 23 businesses:[19]

General Merchanting[edit]

  • Travis Perkins – general builders' merchant & Tools, Plant & Equipment Hire
  • Benchmarx – trade supplier of kitchens and joinery

Contract Merchanting[edit]

  • BSS – specialist distributor of heating, ventilation, tools, pipeline
  • CCF – distributor of insulation, dry lining, partitioning
  • Keyline – heavyside and civils merchant
  • Rudridge – groundwork, civil engineering and drainage materials

Plumbing and Heating[edit]

  • City Plumbing Supplies (CPS) – specialists in plumbing and heating supplies to the trade and public
  • Plumbing Trade Supplies (PTS) – bathroom, heating and plumbing products to trade and public
  • Sustainable Building Solutions (SBS)
  • The Underfloor Heating Store (UFHS)
  • Direct Heating Spares (DHS) – heating spares
  • City Heating Spares (CHS) – heating spares
  • National Shower Spares (NSS) - shower spares specialists; also stockists of new showers, pumps, and bathroom taps
  • Solfex Energy Systems
  • Birchwood Price Tools – wholesaler of power tools, hand tools and site equipment, including clothing brand, Scruffs
  • F&P Wholesale – distributor of plumbing and heating products
  • Connections – distributor of plumbing and heating products
  • PlumbNation - distributor of plumbing and heating products
  • Primaflow

Consumer[edit]

  • Wickes – home improvement stores
  • Tile Giant – tile and ceramics merchant
  • Tool Station – direct sale and online supplier of trade tools, accessories and hardware products
  • Insulation Giant (part of CCF) – insulation and drylining merchant

See also[edit]

References[edit]

  1. ^ a b c "Preliminary Results 2017" (PDF). Travis Perkins. Retrieved 30 March 2018. 
  2. ^ "Who we are". Travis Perkins. Retrieved 28 April 2017. 
  3. ^ "Grade II listed building on Crown Road / Southbury Road" (PDF). Enfield Society. Retrieved 18 December 2016. 
  4. ^ a b c d e "History". Travis Perkins. Retrieved 21 March 2015. 
  5. ^ "Bow Creek/River Lea - Leamouth". EDith's Streets. Retrieved 21 March 2015. 
  6. ^ "Paddington: Economic History, in A History of the County of Middlesex: Volume 9, Hampstead, Paddington, ed. C R Elrington". London. 1989. pp. 233–241. Retrieved 21 March 2015. 
  7. ^ "Travis Perkins seals £181.5m deal for rival Keyline chain". CN Plus. 6 May 1999. Retrieved 21 March 2015. 
  8. ^ "Travis Perkins Annual Report 2000" (PDF). 
  9. ^ "Travis Perkins Buys City Plumbing Supplies for £38.2m". Hemscott. 1 July 2002. Retrieved 21 March 2015. 
  10. ^ "Travis Perkins in pounds 45m CCF deal". Birmingham Post. 3 October 2002. Retrieved 21 March 2015. 
  11. ^ "Travis Perkins PLC said it has acquired Jayhard Ltd for 26.5 mln stg cash". Desktop trader. 1 August 2003. Retrieved 21 March 2015. 
  12. ^ "Travis Perkins has acquired B&G". Business sale. 1 October 2003. Retrieved 21 March 2015. 
  13. ^ "Travis Perkins buys Wickes chain". BBC. 16 December 2004. Retrieved 21 March 2015. 
  14. ^ "Travis Perkins snaps up Tile Giant". Retail Week. 15 November 2007. Retrieved 21 March 2015. 
  15. ^ "Travis Perkins takes mybuilder.com stake". This is money. 29 May 2008. Retrieved 21 March 2015. 
  16. ^ Fletcher, Nick (28 May 2010). "BSS jumps 34% after £553m offer from Travis Perkins". guardian.co.uk. Retrieved 28 May 2010. 
  17. ^ "Wickes owner buys remaining 70% of Toolstation". Retail Gazette. 3 January 2012. Retrieved 21 March 2015. 
  18. ^ "Travis Perkins buys renewables firm as part of Green Deal push". Greenwise business. 30 January 2013. Retrieved 21 March 2015. 
  19. ^ Travis Perkins: Our businesses

External links[edit]