Travis Perkins sells Toolstation Benelux

The British distributor of building materials Travis Perkins intends to sell its Toolstation business in the Benelux countries. The company announced this in a press release. It had first made public in May that the group was considering a sale.

The group has agreed to transfer Toolstation Benelux as a standalone company to the private equity firm Fidelium Partners in return for a cash payment of 1 EUR. In addition, Travis Perkins plc will inject a final capital injection of approximately GBP 35 mio into the Benelux division to strengthen Toolstation ahead of the spin-off. According to the company, the transaction is expected to be completed by the end of the year.

In the 2026 annual report, Toolstation Benelux will be reported as a discontinued operation. A loss of around GBP 10 mio is expected for the Benelux business, which will not be included in the group’s adjusted operating profit.

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