ITS Acquires FFX Brand & Domain

The brand and web domain of tools and hardware retailer Folkestone Fixings Ltd has been acquired by ITS.

ITS posted the following statement on its website: 

"Following the unfortunate circumstances of Folkestone Fixings Ltd entering administration, ITS, the UK’s largest independent supplier of power tools, has acquired the FFX brand and its website.

"We want to assure you that we are committed to providing the same great service that FFX customers have come to expect. 

"With over 40 years of experience, established in 1979, ITS has built a trusted reputation for supplying tools with next-day delivery and unrivalled customer support. 

"FFX customers can now shop with confidence on ITS.co.uk, where we offer an extensive range of over 20,000 products in stock, backed by our 5-star rated service. 

"We’re here to ensure that your experience with us is seamless and that you continue to receive the highest level of care. 

"Please note, however, that while we have acquired the FFX brand and website, we are not responsible for any refunds, outstanding orders, or unfulfilled obligations that arose before Folkestone Fixings Ltd entered administration. That said, we will do our best to assist you with any enquiries related to previous orders and guide you through the next steps where possible. 

"We are excited to welcome FFX customers to ITS and look forward to serving you with the same dedication that has made us a leader in the tool industry."

Administration

On 20 September 2024, PwC was appointed as the administrator of Folkestone Fixings Ltd, which traded from its own website and two stores based in Ashford and Folkestone. 

PwC concluded that the company's financial position meant that it was unable to continue trading and confirmed that the stores and website would cease to trade immediately. 

Source : Insight DIY; ITS

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