- CEO
- Gavin Slark
- Full Time Employees
- 17,302
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- Ryehill House Northampton EM United Kingdom NN5 7UA
- IPO Date
- Sep 19, 1986
- Business
- Travis Perkins plc Travis Perkins plc (TPK.L) is the United Kingdom's largest distributor of building materials to the construction and trade sectors. The company operates through two primary segments, Merchanting and Toolstation, serving general builders, specialist contractors, trade professionals, and DIY customers with a nationwide network of approximately 1,400 branches and supporting distribution centers. Merchanting encompasses key brands including Travis Perkins, the leading general builders merchant offering heavy building materials such as timber, heavyside products, plumbing and heating supplies, and lightside convenience items from over 550 branches complemented by tool hire, Benchmarx kitchens and joinery, and Travis Perkins Managed Services for social housing repair and maintenance; BSS, the top distributor of pipeline, heating, cooling, and industrial solutions including air conditioning, refrigeration, and heat pumps through TF Solutions from more than 60 branches; Keyline, the number one provider of civils, drainage, and infrastructure materials for housebuilders and groundworkers from over 40 branches; and CCF, a nationwide distributor of insulation and interior building products from around 35 branches. Toolstation supplies tools, building supplies, and lightside products to trade and DIY customers via a multi-channel model with over 720 branches across the UK, Benelux, and formerly France, emphasizing next-day delivery, extended hours, and digital ordering. Travis Perkins plc maintains its headquarters in Northampton, England, with operations primarily in the UK and limited presence in Europe; the company traces its heritage to 1797, though incorporated in its current public limited form in 1964. Recent strategic changes include closing underperforming branches such as 42 standalone Benchmarx sites and nine general merchant locations in 2024 to optimize the network toward larger destination branches, alongside opening six new Merchanting branches including sites in Leeds, Derby, Edinburgh, Coventry, and Norwich; Toolstation closed its unprofitable French operations by late 2024 after divesting eight stores, reduced Benelux branches by nine and headcount by 15% following a strategic review to accelerate profitability, and plans around 20 new UK branches in 2025; the group impaired £63m on 209 Merchanting branches and £33m on Staircraft due to market challenges, consolidated supply chains with £26m in costs, reduced headcount through £11m restructuring, and implemented a new Oracle ERP system in July 2024 enhancing financial controls despite initial disruptions; net debt before leases fell £123m amid £64m stock management gains and disciplined capex, supplemented by £125m from US private placement notes in March 2025.