BSS Industrial

BSS Industrial is a British specialist distributor of heating, ventilation, pipeline and mechanical services equipment, based in Leicester. The business was previously part of The BSS Group plc until the group's acquisition by the Travis Perkins Group in 2010.[1] The purchase was announced in July 2010.[2]

The BSS Group Limited
BSS
TypeSubsidiary
IndustryBuilding materials
Founded1899
HeadquartersNorthampton, England, UK
OwnerTravis Perkins Group
Websitewww.bssindustrial.co.uk

History

The company was founded in the East Midlands in 1899 as British Steam Specialties.[3] Acquisitions have included specialist valve distributors Pegler & Louden in December 2003.[4]

Other acquisitions by BSS Group include UBM Cadel (rebranded as PTS) in 1999, Price Tools in 2006,[5] Buck & Hickman in 2007 (subsequently sold in 2011 by the new owners of BSS),[6] Birchwood Products in 2008,[7] Direct Heating Spares in 2009,[8] and UGS, a privately owned underground drainage merchants, in 2010.[9]

The board of BSS accepted an indicative £553 million takeover offer from Travis Perkins on 28 May 2010.[10] The acquisition was completed on 14 December 2010, when BSS Group shares were delisted from the London Stock Exchange.[11]

Operations

BSS Industrial is a supplier of pipeline, process, heating and mechanical services equipment. Its customers range from large national contractors to small, local independents. The company's primary route to market is via a nationwide network of 63 branches.[12]

References
  1. O'Doherty, John; Hammond, Ed (5 July 2010). "Travis Perkins agrees £558m BSS deal". bssindustrial.co.uk. Retrieved 2 November 2020.
  2. "Travis Perkins buys BSS Group in £557.6m deal". bbc.co.uk. 5 July 2010. Retrieved 2 November 2020.
  3. "BSS Industrial Brief History". bssindustrial.co.uk. 15 July 2014. Archived from the original on 15 July 2014. Retrieved 2 November 2020.
  4. "BSS Group PLC (BTSM)". investegate.co.uk. 24 May 2004. Retrieved 2 November 2020.
  5. "BSS Group PLC (BTSM)". investegate.co.uk. 9 March 2006. Retrieved 2 November 2020.
  6. "BUCK & HICKMAN SOLD FOR £27M". 5 September 2011. Retrieved 2 November 2020.
  7. "BSS buy Birchwood". buildersmerchantsjournal.net. 3 March 2008. Retrieved 2 November 2020.
  8. Goh, Brenda (3 April 2009). "BSS Group buys Direct Heating Spares". Retrieved 2 November 2020.
  9. Whitten, Nick (8 February 2010). "BSS Group acquires UGS for £5.1m". hvnplus.co.uk. Retrieved 2 November 2020.
  10. Fletcher, Nick (28 May 2010). "BSS jumps 34% after £553m offer from Travis Perkins". guardian.co.uk. Retrieved 28 May 2010.
  11. Goh, Brenda (14 December 2010). "Travis Perkins keeps outlook as revenues rise". Reuters. Retrieved 14 December 2010.
  12. "BSS Industrial Branch Locator". bssindustrial.co.uk. 2 November 2020. Retrieved 2 November 2020.



This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.