// Screwfix acquires spare parts retailer Connect Distribution Services from administration
// It has bought the stock, intellectual property, contracts and fixed assets of the service for £3m
Screwfix has acquired online spare parts and repair company Connect Distribution Services from administration.
The retailer has bought the stock, intellectual property, contracts and fixed assets of the operation in a £3m deal.
Connect Distribution Services sells spare parts and accessories for appliances to DIY and trade customers through its websites eSpares, 4OurHouse and BuySpares.
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It also includes a repair service network called Repaircare and a business management operation which handles website management, orders and repairs for retailers and manufacturers.
The acquisition includes contracts for 400 members of staff and its online trading brands will continue to trade as normal.
Screwfix said the acquisition brings “many opportunities for synergy”, including those with other parts of the Kingfisher group as well as click-and-collect orders through Screwfix’s store network.
Screwfix CEO John Mewett said: “I’m very pleased to be able to secure the future of the business of Connect Distribution Services and its brands for its customers, engineers and colleagues.
“The business’ popular ecommerce platforms have significant growth potential and they play an important role in helping tradespeople and consumers keep products in use for longer, supporting our sustainability agenda.
“As an entrepreneurial and customer-focused family business with a 50-year history, the culture is a great fit for Screwfix and we look forward to welcoming our new colleagues.”
