skip to main content
  • *
  • *
Find Insight DIY on
* * *


Travis Perkins Completes P&H Disposal

Flickr - Travis Perkins bags 51263993428_1f378af300_o

On 20 May 2021, Travis Perkins plc ("Travis Perkins" or the "Company") announced the disposal of its Plumbing & Heating distribution business to an affiliate of H.I.G. Capital for cash consideration of £325 million (the "P&H Disposal") and its intention to return the proceeds of such disposal to shareholders. 

Travis Perkins is pleased to announce that completion of the P&H Disposal occurred on 30 September 2021. In accordance with the announcement on 21 September 2021, Travis Perkins will distribute the net proceeds of the P&H Disposal to shareholders through a combination of a special dividend and a share buyback programme.

Learn more about the disposal and Travis Perkins PLC's recent financial performance in the stories below:

Travis Perkins: P&H Disposal Satisfied; Commences Share Buy-Back

Travis Perkins: Robust Half-Year Performance

Travis Perkins Announces Directorate Changes

Source : Travis Perkins PLC

For all the very latest news and intelligence on the UK's largest home improvement and garden retailers, sign up for the Insight DIY weekly newsletter.  

30 September 2021

Related News

view more UK DIY News

Insight DIY always publishes the latest news stories before anyone else and we find it to be an invaluable source of customer and market information.

Max Crosby Browne - CEO, Home Decor

Don't miss out on all the latest, breaking news from the DIY industry