who owns screwfix

[J.JJ]

am i correct in thinking that b & q now own the tools distribution company known as " screwfix ".
if i am wrong, can anybody tell me who owns it please.
thanks in advance.

[kempie]

Not quite correct.

Screwfix and B&Q are both brands of Kingfisher plc...

http://www.kingfisher.co.uk/index.asp?pageid=2 25

[J.JJ]

many thanks kempie.

[LCDMAN]

The guys who originally started Screwfix have started up in competition -Toolstation.

[kempie]

At best, a quarter of the guys who started Screwfix formed Toolstation.

From 1981 Jon and Jenny Goddard-Watts owned and built up the companies that became Screwfix Direct. Prior to the emergence of this brand in 1992, their two sons each became 25% shareholders of the business.

In 2003 Toolstation was launched by Mark Goddard-Watts, along with a number of former executives of Screwfix. Earlier this year a 30% stake in the venture was acquired by Travis Perkins plc (Wickes, Tile Giant, Benchmarx, etc.)

[careertogo]

Kingfisher owns B & Q and Screwfix