Travis Perkins completes sale of Buck & Hickman

Travis Perkins said it completed the previously announced sale of Buck and Hickman to Brammer plc (BRAM.L: News ) for 27.6 million pounds, on a debt-free, cash-free basis.

The acquisition was originally announced on 2 September 2011.

UK-based Brammer is a holding company engaged in the provision of business to business services. The company is a supplier of power transmission components and related inventory management, procurement and logistics services in Europe.

Travis Perkins is a builder merchant and home improvement retailer in the United Kingdom.

Source: Staff Writer - RTT News
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