Toolstation

Toolstation is a British retailer of tools and building materials. It has more than 400 branches in the UK, and also sells online. It was bought by Travis Perkins in 2014. The managing director is James Mackenzie.

Toolstation Limited
Typesubsidiary
IndustryRetail
Founded2003
FounderMark Goddard-Watts
HeadquartersBridgwater, Somerset, United Kingdom
Number of locations
400+ branches in the United Kingdom (2019) [1]
Area served
  • United Kingdom
  • Netherlands
  • France
  • Germany
  • Belgium
Productstools, building materials
Revenue £354 million (2019) [2]
Number of employees
3460 (2019)
ParentTravis Perkins plc
Websitetoolstation.com

History

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] A distribution centre in Middleton, Greater Manchester opened in August 2018.[6]

References

  1. Toolstation Ltd, Catalogue 80, June 2019
  2. Travis Perkins PLC, 2018 Full-Year Results”, released 26 February 2019
  3. "Founder of Toolstation sells stakefor £24m". Independent. 4 January 2012.
  4. "Mark Goodard-Watts secures second fortune with Toolstation sale". The Telegraph Publishing. Retrieved 3 January 2012.
  5. "Wickes owner buys remaining 70% of Toolstation". Retail Gazette Publishing. Retrieved 3 January 2012.
  6. "Toolstation Opens its new distribution centre in Middleton". DIY Week Publishing. Retrieved 28 August 2018.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.