SHARE

Travis Perkins Acquires Remaining 70% Of Toolstation

The owner of DIY chain Wickes has bought the remaining 70% of hardwares supplier Toolstation from owner and founder Mark Goddard-Watts. It is thought that Travis Perkins paid £24m. The group acquired 30% of Toolstation in 2003 for £18m.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.