Screwfix acquires assets of Connect Distribution Services Limited

Screwfix added that the deal allows for many opportunities for synergy, with both businesses serving B2B and B2C customers through leading digital and fulfilment platforms

Screwfix, the omnichannel trade retailer and part of Kingfisher plc, has announced it has acquired the stock, intellectual property, contracts and fixed assets of Connect Distribution Services out of administration, for a cash consideration of £3m.

Check out our free weekly podcast

Back to top button