Homebase

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HHGL Limited[1]
TypeLimited company
Subsidiary
IndustryRetail / Home improvement
When it was created1979 (as Sainsbury's Homebase)
HeadquartersMilton Keynes
Buckinghamshire
Key peoplePeter Davis
(Managing Director)
Rodney Boys
(Finance Director)
Things made
  • DIY Tools
  • Paint & Decor
  • Outdoor Living
  • Kitchens
  • Bathrooms
  • Gardening
Money earned£1.4679 billion (2013–14)
ParentWesfarmers
Websitewww.homebase.co.uk

Homebase is a British home improvement retailer and garden centre in the United Kingdom. Its main offices are in Milton Keynes, Buckinghamshire, England.

As of December 2016, Homebase has 255 shops in the United Kingdom.[2]

History[change | change source]

It was founded by the supermarket chain Sainsbury's and Belgian retailer GB-Inno-BM in 1979, as Sainsbury's Homebase.

In December 2000, Sainsbury's sold the Homebase chain.

In November 2002, Homebase was sold again, to GUS plc, where it became part of Argos Retail Group (later renamed as Home Retail Group).[3]

In January 2016 it was announced that Australian retailer Wesfarmers would acquire Homebase.[4] The transfer of ownership to Wesfarmers took place on 27 February 2016.[5]

References[change | change source]

  1. "HHGL Limited". Companies House. Retrieved 18 April 2017.
  2. "About Homebase". Homebase. Retrieved 7 July 2017.
  3. "GUS snaps up Homebase". BBC News. 21 November 2002. Retrieved 22 February 2015.
  4. Homebase bought by Australia's Wesfarmers for £340m, BBC News, 18 January 2016, retrieved 18 January 2016
  5. Neilan, Catherine (29 February 2016). "Homebase to be rebranded Bunnings after Wesfarmers completes £340m acquisition from Home Retail Group - now what's happening with Argos?". City A.M. Retrieved 29 February 2016.