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Travis Perkins divests specialist heating and plumbing brands


Heating and Ventilation News
Building merchant announces it has sold off its specialist retail brands supporting the heat sector as part of a major restructuring of its trade operations
Travis Perkins has announced it will be selling off its UK plumbing and heating distribution business as part of a £325m deal with investment firm H.I.G. Capital.
The deal is expected to see Travis Perkins divest the operations that primarily trade under the brands City Plumbing Supplies (CPS) and Plumbing Trade Solutions (PTS) as part of a broader restructuring of its operations.   H.I.G. Capital will obtain 350 branches across the UK and Ireland alongside several specialist online distributors that includes The Underfloor Heating Store, Direct Heating Spares, PlumbNation, and National Shower Spares. ....

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Builders' Merchants News - Travis Perkins sells Plumbing & Heating business


Travis Perkins sells Plumbing & Heating business
25 May, 2021
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Investment firm H.I.G. Capital has announced its intention to acquire Travis Perkins’ Plumbing & Heating (P&H) business.
The transaction, which is valued at approximately £325 million, is expected to be completed within the next three months, following regulatory approval.
Headquartered in Northamptonshire, P&H operates under the trading brands City Plumbing Supplies (CPS) and Plumbing Trade Solutions (PTS) with over 350 branches across the UK and Ireland, alongside several specialist online outlets including The Underfloor Heating Store, Direct Heating Spares, PlumbNation, and National Shower Spares.
The Company, led by Dave Evans and supported by an experienced senior leadership team, serves trade customers and consumers across the residential and commercial construction categories. ....

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Builders' Merchants News - Travis Perkins sales Plumbing & Heating business


Travis Perkins sales Plumbing & Heating business
25 May, 2021
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Investment firm H.I.G. Capital has announced its intention to acquire Travis Perkins’ Plumbing & Heating (P&H) business.
The transaction, which is valued at approximately £325 million, is expected to be completed within the next three months, following regulatory approval.
Headquartered in Northamptonshire, P&H operates under the trading brands City Plumbing Supplies (CPS) and Plumbing Trade Solutions (PTS) with over 350 branches across the UK and Ireland, alongside several specialist online outlets including The Underfloor Heating Store, Direct Heating Spares, PlumbNation, and National Shower Spares.
The Company, led by Dave Evans and supported by an experienced senior leadership team, serves trade customers and consumers across the residential and commercial construction categories. ....

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Builders' Merchants News - New Business Development Manager for Kinedo


New Business Development Manager for Kinedo
4 May, 2021
Kinedo has announce the appointment of Nicola Lees to the position of Business Development Manager.
Lees joined the team in February and has hit the ground running thanks to her extensive knowledge of the sector.
Prior to moving to Kinedo, Lees worked for City Plumbing Supplies (part of Travis Perkins) for five years as a Senior Account Manager. She was involved with new-build plumbing contractors and housebuilders. Before this she worked in sales for over a decade with some of the UK’s leading housebuilders.
Lees is tasked with gaining specifications with regional housebuilders and to develop sales in the leisure sector as well as bathroom showrooms. She will also be the first line of support for national and independent merchants for both Saniflo and Kinedo. ....

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New Home Bargains store in Dorset takes another step forward


PLANS for a new Home Bargains branch in Dorset which would create 60 jobs have taken a step forward after a town council recommended its approval.
As previously reported, Hopkins Estates LTD submitted plans to build a two-storey retail unit, car park and surrounding landscaping at Kingsmead Business Park in Gillingham.
The proposed Home Bargains will have a gross internal area of 1,627sqm and a net retail sales area of 1,429sqm. Plans state the store would sell a mixture of food and drink, homeware, cleaning supplies and toiletries.
Developers aim to build 100 new car parking spaces as well as six bicycle parking spaces. The proposed store would be accessed by a newly constructed road which will also provide access to a soon-to-be opened petrol station. ....

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