Two of the more popular modern DIY stores in the UK toolstation and Screwfix are seemingly locked in a never-ending struggle for supremacy.
But who owns Toolstation and Screwfix, it not one of those deals where one mega corp owns both brands is it? Let’s find out.
Toolstation and Screwfix are separate companies that are both owned by larger, but different, companies.
Screwfix, the bigger of the two companies, is a part of Kingfisher PLC which famously owns B&Q.
Meanwhile, Toolstation is actually owned by Travis Perkins PLC. While known for its big green builder’s yards Travis Perkins also owns a few other related companies, the most notable of which being Wickes.
As it seems to be with all big companies these days most of the brands we know are intertwined.
Toolstation and Screwfix share even more history than just both being owned by larger companies. Both companies actually share family history.
Toolstation was formed in February 2003 by Mark Goddard-Watts whose family member Jon Goddard-Watts was also a founding member of Screwfix all the way back in 1979.
Mark Goddard-Watts sold his family’s stake to Kingfisher PLC in 1999 before later founding Toolstation.
So Let’s Clear This Up
Toolstation and Screwfix are owned by different companies but were founded by the same family.
Screwfix is now owned by the same company that owns B&Q.
Toolstation is owned by Travis Perkins who also owns Wickes.
So lots of common connections and ancestors but both companies are now completely separate. The founding family have no influence now in either company.