The FTSE 250 group is selling the division for £325million to an affiliate of Miami-based private equity house H.I.G. Capital and expects to complete the transaction sometime in the next three months.
Travis Perkins plc sells its P&H unit to an affiliate of HIG Capital invezz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from invezz.com Daily Mail and Mail on Sunday newspapers.
Investegate |Travis Perkins Announcements | Travis Perkins: Travis Perkins plc - Disposal of Plumbing & Heating business investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.