Travis Perkins to Sell Toolstation Benelux Business to Fidelium Partners for EUR1 Billion

02:51 AM EST, 11/10/2026 (MT Newswires) -- Travis Perkins (TPK.L) agreed to sell its Toolstation Benelux business to Fidelium Partners for 1 euro, according to a Tuesday filing. Completion of the sale is expected before the end of 2026, following a final capital injection of 35 million pounds into the business. Closing is subject to the applicable works council consultation process in the Netherlands. The London-listed building materials group expects the sale to support its return to profitability growth, allowing investments into activities that generate more value.