Who Owns Screwfix

In a Nutshell

Screwfix is currently owned by the British retailing group, Kingfisher plc. This change occurred after the company went through several acquisitions and transformations.
Screwfix’s journey began in Cheddar, Somerset, in 1979, starting as a small retailer and evolving into a significant player in the home improvement sector.
Kingfisher plc is a leading international home improvement company, with several other brands under its portfolio, which gives Screwfix a solid backing in terms of resources and market reach.
The acquisition of Screwfix by Kingfisher has contributed to the expansion of its operations, enabling the brand to establish over 800 stores across the UK and a noticeable presence in European markets.
Screwfix is a major player in the DIY and home improvement sector, thanks to its strong backing from Kingfisher and its consistent growth strategy.

Introduction to Screwfix
The Ownership History of Screwfix
- Early Beginnings
- Acquisition by Kingfisher plc
Kingfisher plc: The Current Owner
- Overview of Kingfisher plc
- Impact of Kingfisher Ownership
Screwfix Today
FAQs About Screwfix Ownership
Conclusion
Further Reading

Introduction to Screwfix

Screwfix is a prominent name in the UK’s home improvement market. Established originally as a small mail-order company, Screwfix has grown into a major retail brand, offering a wide range of products to both trade professionals and DIY enthusiasts. The presence of a powerful owner has been crucial in this transformation.

The Ownership History of Screwfix

Early Beginnings

Screwfix was founded in 1979 as The Woodscrew Supply Company. This small business operated out of Cheddar, Somerset, primarily dealing with screws, cementing its place as a specialist hardware provider. It quickly expanded its product range and distribution capabilities, setting the stage for later acquisition and growth.

Acquisition by Kingfisher plc

In 1999, Screwfix was acquired by Kingfisher plc, marking a significant turning point in its corporate journey. This acquisition allowed Screwfix to escalate the scale of its operations and broaden its market reach. The increased resources and strategic alignment with Kingfisher have been vital in Sustining its growth. For more detailed insights, visit Who Owns Screwfix.

Kingfisher plc: The Current Owner

Overview of Kingfisher plc

Kingfisher plc is a renowned international home improvement company that owns multiple well-known brands. It operates over 1,300 stores across Europe and several other countries, known for brands such as B&Q, Castorama, and Brico Depot. Kingfisher’s strategic acquisitions have allowed it to solidify a strong position in the retail market.

Impact of Kingfisher Ownership

The relationship with Kingfisher has empowered Screwfix with a robust framework to expand and innovate. The synergy between Screwfix and other Kingfisher brands allows it to leverage a broad customer base and integrated supply networks, positioning Screwfix as a leader in its sector.

Discover more about Kingfisher’s influence by visiting its profile on authoritative websites like Bloomberg.

Screwfix Today

Today, Screwfix is a vital player in the European DIY and home improvement sector. With over 800 stores in the UK and expansions into mainland Europe, it has built a robust omnichannel retail presence. The firm’s continued success is backed by its parent company, Kingfisher, providing it with significant competitive advantages.

For updates on Screwfix’s current operational strategies, it’s worth checking out BBC Business.

FAQs About Screwfix Ownership

Who currently owns Screwfix?
- Screwfix is owned by Kingfisher plc, a leading international home improvement company.
When did Kingfisher acquire Screwfix?
- Kingfisher acquired Screwfix in 1999.
How has Kingfisher’s ownership impacted Screwfix?
- Kingfisher’s ownership has allowed Screwfix to expand its store network, enhance its supply chain, and grow its product offerings significantly.
Is Screwfix available outside the UK?
- Yes, Screwfix has expanded into several European countries.
What other brands are owned by Kingfisher plc?
- Besides Screwfix, Kingfisher owns B&Q, Castorama, and Brico Depot.
Where was Screwfix originally founded?
- Screwfix was founded in Cheddar, Somerset, in the UK.
What products does Screwfix offer?
- Screwfix provides a range of products, including tools, hardware, plumbing supplies, and electrical equipment.

Conclusion

Understanding who owns Screwfix provides insight into the brand’s growth and success in the DIY sector. Kingfisher plc has played a crucial role, providing the necessary support and strategy for Screwfix’s evolution. This ownership has enabled Screwfix to position itself strongly in the market, maintaining its reputation as a leading supplier in the home improvement industry.

Screwfix