Travis Perkins
From Wikipedia, the free encyclopedia
| Travis Perkins plc | |
|---|---|
| Type | Public(LSE:TPK) Builders Merchant |
| Founded | 1988 Through Merger Between Travis & Arnold and Sandell Perkins |
| Headquarters | Northampton, United Kingdom |
| Area served | United Kingdom |
| Industry | Retail Trade |
| Products | Building Materials Home Improvement Garden Supplies |
| Revenue | ▲ £3,186.7 million (2007) |
| Operating income | ▲ £261.4 million (2007) |
| Net income | ▲ £181.1 million (2007) |
| Subsidiaries | Wickes |
| Website | www.travisperkins.co.uk |
Travis Perkins plc is a British builders merchant based in Northampton. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Travis Perkins was formed by a merger between Travis & Arnold and Sandell Perkins in 1988 but it traces its origins back to 1797, when the Benjamin Ingram company of joiners and carpenters was founded at 33 Beech Street in the City of London. Acquisitions since 1988 have included:
- 1994: AAH (46 branches)
- 1996: BMSS (26 branches)
- 1998: Keyline Builders Merchants (101 branches) and Sharpe & Fisher (38 branches)
- 2002: City Plumbing Supplies Limited (48 branches) and Commercial Ceiling Factors (20 distribution centres)
- 2003: Jayhard (53 branches) and B&G (12 branches)
- 2005 (February): Wickes (171 stores)
In 2004 Sir Bobby Robson opened Travis Perkins' 750th branch, which was in Newcastle upon Tyne. Travis Perkins opened its 1000th branch in May 2006. The company's product lines include kitchens, bathrooms, hand and power tools, landscaping materials, general building materials, painting and decorating materials, timber and joists. It also offers tool hire, and services for self-builders.
Travis Perkins' turnover for the year to 31 December 2007 was £3,186.7 million. Profits were £261.4 million before tax and £181.1 million after tax.
[edit] Further Historical notes
Sandell Perkins which merged with Travis Arnold was listed on the London Stock Exchange in 1986. At that time it had 49 branches principally based around London and the South-East. Sandell Perkins was formed in 1970 following the merger of Sandell Smythe & Drayson and Ingram Perkins. Together with a number of smaller acquisitions they acquired Broad & Co. (formed in 1881) in 1975.
Sandell Smythe & Drayson was a 1964 merger of Joseph Sandell (formed in 1812) and Smythe & Drayson which had itself formed in 1954 from Geo. Drayson & Son (formed 1875) and J. & A.S. Smythe (formed 1785).
