On Monday 7th April 2008, it was announced that Toolstation Ltd and Travis Perkins plc have agreed a new partnership.
Toolstation was started in 2003 by Mark Goddard-Watts, a member of the family that sold Screwfix Direct to the Kingfisher Group in 1999. Travis Perkins, with a successful history which can be traced back to 1797, is a long-established name in the building supplies sector.
The unique feature of Toolstation is that its entire IT infrastructure was designed and constructed before the company commenced trading. This has meant that the business runs seamlessly and efficiently across all channels, keeping its costs low so that, in turn, it offers unbeatable prices and service to its customers.
Travis Perkins has now invested in Toolstation and will be supporting an accelerated roll-out of Toolstation branches. The partnership means that Toolstation will continue to run independently, but with the financial backing of one of the UK's most successful companies.