Wolseley UK announced today that it is selling its Bathstore business to Endless LLP. The sale is with immediate effect.
Wolseley UK managing director Steve Ashmore said: “Wolseley has taken a strategic view in deciding to sell Bathstore. We believe it is a positive move for Bathstore and its employees and offers the best way forward for them, with an owner that is fully focused on the High Street retail market.
“It is also a positive move for Wolseley going forward as we can concentrate entirely on our core businesses, delivering growth by providing exceptional service and access to our products through a range of channels, including our branch network and online.”
Bathstore employs around 500 people and operates through a network of 169 stores across the UK.