News
Travis buys BSS
06/07/2010
Travis Perkins has agreed to buy BSS Group for £558m to expand its heating and plumbing trade distribution side.
Travis Perkins said it believed it could achieve pre-tax savings of at least £25m in 2013 through the deal, which is reported to create the UK’s leading plumbing and heating distribution business.
The deal is backed by BSS directors and major shareholders representing around 35% of BSS’s capital.
Besides Wickes, Travis Perkins owns the City Plumbing and Keyline chains, as well as its own stores.
See the full story with Construction Enquirer at http://www.constructionenquirer.com/2010/07/05/travis-perkins-seals-deal-for-bss
