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.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.