- CEO
- Gavin Slark
- Full Time Employees
- 17,594
- Sector
- Industrials
- Industry
- Construction
- Address
- Lodge Way House Northampton United Kingdom NN5 7UG
- IPO Date
- Feb 13, 2009
- Business
- Travis Perkins plc is a leading United Kingdom-based distributor of building materials and related products primarily serving the construction and building trade industries. Founded in 1964 and headquartered in Northampton, UK, the company operates through two main business segments: Merchanting and Toolstation. Its Merchanting segment includes well-known brands such as Travis Perkins, BSS, Keyline Civils Specialist, and CCF. These brands collectively provide a comprehensive range of products, including timber and sheet materials; building materials; plumbing and heating supplies; insulation and interior building products; tools and workwear; and specialist products like air conditioning, refrigeration, and heat pump kits through its TF Solutions subsidiary. Additionally, Travis Perkins offers service solutions such as comprehensive tool hire, managed services for maintenance and repair, and bespoke kitchen design and supply under the Benchmarx brand. The Toolstation segment focuses on supplying tools and building supplies to both trade and DIY customers via a multi-channel retail model.
The company operates extensively across the United Kingdom, leveraging a nationwide network of branches and distribution centers to serve a diverse customer base, including housebuilders, groundworkers, infrastructure contractors, social housing landlords, trade professionals, and DIY consumers. It supports over 17,500 employees in its operations, maintaining a robust supply chain and delivery fleet to ensure timely and efficient service.
In the last 1-2 years, Travis Perkins has undertaken significant strategic initiatives including organizational restructuring to foster more entrepreneurial and customer-centric businesses within its Specialist Merchants division. The company has focused on operational improvements within its Merchanting segment to arrest market share decline and enhance volume growth. Toolstation UK has shown marked performance improvements with revenue growth and a 50% increase in operating profit reported in the recent half-year period. Financially, Travis Perkins has reduced leverage to a target range, aiming at improved balance sheet strength. It also completed the redemption and cancellation of GBP 250 million notes due in 2026, which supports its debt management strategy. Technological modernization efforts have been prominent, including the deployment of enhanced IT systems to create reliable process insights and improve operational efficiency.
Travis Perkins continues to expand its product portfolio and delivery capabilities with a focus on sustainable and integrated building solutions, serving both traditional construction sectors and emerging markets such as specialist heating, ventilation, and air conditioning systems. The company's long-term business strategy emphasizes growth through market share gains, service innovation, and strong operational discipline across its multi-brand platform.