UK DIY News
Travis Perkins invests in the Underfloor Heating Store
Travis Perkins plc acquired a majority stake in The Underfloor Heating Store.
The Underfloor Heating Store is a market-leading online retailer of electric and water under floor heating systems and associated products focused on the consumer market. It was set up in 2008 by brothers Michael and Steven Lewis and has experienced rapid growth since inception, being named in the 2013 Sunday Times Virgin Fast Track 100 for Britain's fastest-growing private companies.
The Company will become part of Travis Perkins’ Sustainable Building Solutions business (“SBS”) and, alongside existing Group business Solfex, will enable SBS to become an integrated and unrivalled distributor of renewables and energy-efficient heating products.
Michael and Steven will remain with the Company following the transaction, and continue to drive the business forward as part of the Group.
For further information on The Underfloor Heating Store please visit www.theunderfloorheatingstore.com. To find out more information about sustainable heating solutions and the services offered by SBS visit www.tpsbs.co.uk.
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