BSS Industrial explained

The BSS Group Limited
Trade Name:BSS
Type:Subsidiary
Location:Northampton, England, UK
Industry:Building materials
Owner:Travis Perkins Group
Website:www.bssindustrial.co.uk

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 until the group's acquisition by the Travis Perkins Group in 2010.[1]

The company was founded in the East Midlands in 1899 as British Steam Specialties.[2] Acquisitions have included specialist valve distributors Pegler & Louden in December 2003.[3]

Other acquisitions by BSS Group include UBM Cadel (rebranded as PTS) in 1999, Price Tools in 2006,[4] Buck & Hickman in 2007 (subsequently sold in 2011 by the new owners of BSS),[5] Birchwood Products in 2008,[6] Direct Heating Spares in 2009,[7] and UGS, a privately owned underground drainage merchant, in 2010.[8]

The board of BSS accepted an indicative £553 million takeover offer from Travis Perkins on May 28, 2010.[9] The acquisition was completed on December 14, 2010, when BSS Group shares were delisted from the London Stock Exchange.[10]

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.[11]

Notes and References

  1. Web site: O'Doherty. John. Hammond. Ed. Travis Perkins agrees £558m BSS deal. bssindustrial.co.uk. 5 July 2010. 2 November 2020.
  2. Web site: BSS Industrial Brief History. bssindustrial.co.uk. 2 November 2020. https://web.archive.org/web/20140715012007/http://bssindustrial.co.uk/content/1/72/our-busines.html. 15 July 2014. 15 July 2014. dead.
  3. Web site: BSS Group PLC (BTSM). investegate.co.uk. 24 May 2004. 2 November 2020.
  4. Web site: BSS Group PLC (BTSM). investegate.co.uk. 9 March 2006. 2 November 2020.
  5. Web site: BUCK & HICKMAN SOLD FOR £27M. 5 September 2011. 2 November 2020.
  6. Web site: BSS buy Birchwood. buildersmerchantsjournal.net. 3 March 2008. 2 November 2020.
  7. Web site: Goh. Brenda. BSS Group buys Direct Heating Spares. 3 April 2009. 2 November 2020.
  8. Web site: Whitten. Nick. BSS Group acquires UGS for £5.1m. hvnplus.co.uk. 8 February 2010. 2 November 2020.
  9. News: Fletcher. Nick. BSS jumps 34% after £553m offer from Travis Perkins. 28 May 2010. guardian.co.uk. 28 May 2010.
  10. News: Goh. Brenda. Travis Perkins keeps outlook as revenues rise. 14 December 2010. 14 December 2010. Reuters.
  11. Web site: BSS Industrial Branch Locator. bssindustrial.co.uk. 2 November 2020. 2 November 2020.